4, BOUNDARY DRIVE, MORPETH, NE61 2RX - £330,000

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

4 BOUNDARY DRIVE is a small detached house of 112m², built sometime between 1996 and 2002. It was last sold for £330,000 in November 2019, which was around 30% above the average November 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

4 BOUNDARY DRIVE Sold Prices

Land registry data shows four sales for 4 BOUNDARY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 4 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
2019 4 NOV	£330,000	£254,611	30% above HPI
2003 2 MAY	£182,500	£155,513	17% above HPI
2001 29 JUN	£118,500	£110,088	8% above HPI
1995 28 JUL	£100,000	£81,256	23% above HPI

4 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 four 4 BOUNDARY DRIVE sales between July 1995 and November 2019 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 May 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 4 BOUNDARY DRIVE?

4 BOUNDARY DRIVE is 112m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 4 BOUNDARY DRIVE lies on this distribution: 31% of detached houses are smaller than 4 BOUNDARY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 BOUNDARY DRIVE: Plot and Title Map

4 BOUNDARY DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 4 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 4 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 4 BOUNDARY DRIVE?

4 BOUNDARY DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 4 on BOUNDARY DRIVE.