47, NORHAM DRIVE, MORPETH, NE61 2XA - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

47 NORHAM DRIVE is a large detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £503,947. It was last sold for £360,000 in January 2017, which was around 40% above the average January 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

47 NORHAM DRIVE Sold Prices

Land registry data shows four sales for 47 NORHAM 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 47 NORHAM 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
2017 16 JAN	£360,000	£257,019	40% above HPI
2014 7 OCT	£330,000	£246,352	34% above HPI
2005 14 APR	£325,000	£230,281	41% above HPI
2001 7 MAR	£166,500	£105,832	57% above HPI

47 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 four 47 NORHAM DRIVE sales between March 2001 and January 2017 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 October 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2017 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 47 NORHAM DRIVE be worth now?

47 NORHAM DRIVE might now be worth an estimated £503,947.

This is based on house price inflation of 40%, between January 2017 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 40% inflationary increase is applied to the most recent sale price for 47 NORHAM DRIVE of £360,000 on 16th January 2017. For the value to have increased from £360,000 to £503,947 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 47 NORHAM DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 47 NORHAM DRIVE has not materially changed since January 2017.

How Large is 47 NORHAM DRIVE?

47 NORHAM DRIVE is 175m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where 47 NORHAM DRIVE lies on this distribution: 76% of detached houses houses are smaller than 47 NORHAM DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

47 NORHAM DRIVE: Plot and Title Map

47 NORHAM DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 47 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 47 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 47 NORHAM DRIVE?

47 NORHAM DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 47 on NORHAM DRIVE.