5, PERCY DRIVE, SWARLAND, MORPETH, NE65 9JN - £300,000

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.

5 PERCY DRIVE is a very small detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £360,167. It was last sold for £300,000 in September 2021, which was about the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was F, and the potential energy rating was D.

5 PERCY DRIVE Sold Prices

Land registry data shows two sales for 5 PERCY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 5 PERCY DRIVE sales was roughly equal to the average price, whilst the other was 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 30 SEP	£300,000	£299,685	Close to HPI
2005 29 NOV	£220,000	£242,438	9% below HPI

5 PERCY 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 two 5 PERCY DRIVE sales from November 2005 and September 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 November 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 PERCY DRIVE be worth now?

5 PERCY DRIVE might now be worth an estimated £360,167.

This is based on house price inflation of 20.1%, between September 2021 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 20.1% inflationary increase is applied to the most recent sale price for 5 PERCY DRIVE of £300,000 on 30th September 2021. For the value to have increased from £300,000 to £360,167 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 PERCY DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PERCY DRIVE has not materially changed since September 2021.

How Large is 5 PERCY DRIVE?

5 PERCY DRIVE is 93m² according to the EPC inspection conducted in June 2018. 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 5 PERCY DRIVE lies on this distribution: 7% of detached houses houses are smaller than 5 PERCY DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Swarland.

5 PERCY DRIVE: Plot and Title Map

5 PERCY DRIVE sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 5 PERCY 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 5 PERCY 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 5 PERCY DRIVE?

5 PERCY DRIVE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 5 on PERCY DRIVE.