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
26 BOUNDARY DRIVE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £310,000 in April 2024, which was around 2% below the average April 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 26 BOUNDARY DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 26 BOUNDARY DRIVE sales were for below 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 |
---|---|---|---|
2024 12 APR | £310,000 | £315,049 | 2% below HPI |
2021 24 SEP | £275,000 | £290,345 | 5% below HPI |
2006 31 MAY | £230,000 | £235,320 | 2% below HPI |
2002 11 OCT | £154,500 | £138,451 | 12% above HPI |
1996 28 MAY | £90,000 | £80,928 | 11% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 26 BOUNDARY DRIVE sales between May 1996 and April 2024 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 September 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
26 BOUNDARY DRIVE is 84m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 26 BOUNDARY DRIVE lies on this distribution: 11% of detached houses are smaller than 26 BOUNDARY DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Morpeth.
26 BOUNDARY DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 26 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 26 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.
26 BOUNDARY DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 26 on BOUNDARY DRIVE.