29, NORHAM DRIVE, MORPETH, NE61 2XA - £274,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 NORHAM DRIVE is a very small extended detached house of 91m², built sometime between 2003 and 2006. It was last sold for £274,000 in February 2021, which was around 4% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

29 NORHAM DRIVE Sold Prices

Land registry data shows three sales for 29 NORHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 29 NORHAM 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
2021 26 FEB	£274,000	£283,940	4% below HPI
2008 15 APR	£239,000	£261,691	9% below HPI
2000 25 AUG	£99,950	£103,766	4% below HPI

29 NORHAM 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 three 29 NORHAM DRIVE sales between August 2000 and February 2021 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 April 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 29 NORHAM DRIVE?

29 NORHAM DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 29 NORHAM DRIVE lies on this distribution: 16% of detached houses are smaller than 29 NORHAM DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

29 NORHAM DRIVE: Plot and Title Map

29 NORHAM DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 29 NORHAM 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 29 NORHAM 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 29 NORHAM DRIVE?

29 NORHAM DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 29 on NORHAM DRIVE.