4, NELSON DRIVE, SWARLAND, MORPETH, NE65 9JR - £268,000

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.

4 NELSON DRIVE is a very small detached house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £300,342. It was last sold for £268,000 in May 2024, which was around 17% below the average May 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was F, and the potential energy rating was B.

4 NELSON DRIVE Sold Prices

Land registry data shows three sales for 4 NELSON 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 4 NELSON 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 24 MAY	£268,000	£321,045	17% below HPI
2012 14 DEC	£156,000	£240,328	35% below HPI
1999 18 JUN	£44,000	£98,629	55% below HPI

4 NELSON 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 4 NELSON DRIVE sales between June 1999 and May 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 December 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 NELSON DRIVE be worth now?

4 NELSON DRIVE might now be worth an estimated £300,342.

This is based on house price inflation of 12.1%, between May 2024 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 4 NELSON DRIVE of £268,000 on 24th May 2024. For the value to have increased from £268,000 to £300,342 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 4 NELSON DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2024 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NELSON DRIVE has not materially changed since May 2024.

How Large is 4 NELSON DRIVE?

4 NELSON DRIVE is 65m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swarland, and where 4 NELSON DRIVE lies on this distribution: 1% of detached houses houses are smaller than 4 NELSON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Swarland.

4 NELSON DRIVE: Plot and Title Map

4 NELSON DRIVE sits on a plot of roughly 0.382 of an acre, or 1,544m². The below map shows the location of 4 NELSON 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 NELSON 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 NELSON DRIVE?

4 NELSON DRIVE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 4 on NELSON DRIVE.