23, MORGAN DRIVE, WHITWORTH, SPENNYMOOR, DL16 7QF - £174,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 MORGAN DRIVE is a small detached house of 88m², which could now be worth an estimated £261,230. It was last sold for £174,950 in December 2014, which was around 11% above the average December 2014 detached price in the County Durham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

23 MORGAN DRIVE Sold Prices

Land registry data shows two sales for 23 MORGAN 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 County Durham local authority area for the corresponding sale date. Both of the two 23 MORGAN 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
2014 22 DEC	£174,950	£158,163	11% above HPI
2011 24 JUN	£177,000	£170,752	4% above HPI

23 MORGAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 23 MORGAN DRIVE sales from June 2011 and December 2014 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 June 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 23 MORGAN DRIVE be worth now?

23 MORGAN DRIVE might now be worth an estimated £261,230.

This is based on house price inflation of 49.3%, between December 2014 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.3% inflationary increase is applied to the most recent sale price for 23 MORGAN DRIVE of £174,950 on 22nd December 2014. For the value to have increased from £174,950 to £261,230 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 MORGAN DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2014 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 23 MORGAN DRIVE has not materially changed since December 2014.

How Large is 23 MORGAN DRIVE?

23 MORGAN DRIVE is 88m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 23 MORGAN DRIVE lies on this distribution: 22% of detached houses houses are smaller than 23 MORGAN DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

23 MORGAN DRIVE: Plot and Title Map

23 MORGAN DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 23 MORGAN 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 MORGAN 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 MORGAN DRIVE?

23 MORGAN DRIVE is located in WHITWORTH, in the DL16 postcode district. The below map shows the position of No. 23 on MORGAN DRIVE.