23, BOUNDARY DRIVE, MORPETH, NE61 2RX - £99,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 BOUNDARY DRIVE is a midsized extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £99,000 in July 1998, which was around 9% above the average July 1998 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

23 BOUNDARY DRIVE Sold Prices

Land registry data shows two sales for 23 BOUNDARY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 23 BOUNDARY DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 21 JUL	£99,000	£91,039	9% above HPI
1997 14 JAN	£116,000	£82,261	41% above HPI

23 BOUNDARY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 23 BOUNDARY DRIVE sales from January 1997 and July 1998 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1997 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 1998 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 23 BOUNDARY DRIVE?

23 BOUNDARY DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 23 BOUNDARY DRIVE lies on this distribution: 48% of detached houses are smaller than 23 BOUNDARY DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

23 BOUNDARY DRIVE: Plot and Title Map

23 BOUNDARY DRIVE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 23 BOUNDARY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 BOUNDARY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 BOUNDARY DRIVE?

23 BOUNDARY DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 23 on BOUNDARY DRIVE.