51, NORHAM DRIVE, MORPETH, NE61 2XA - £390,000

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

51 NORHAM DRIVE is a large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £390,000 in May 2015, which was around 66% above the average May 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

51 NORHAM DRIVE Sold Prices

Land registry data shows three sales for 51 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 51 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
2015 1 MAY	£390,000	£234,449	66% above HPI
2007 30 MAR	£407,000	£245,405	66% above HPI
2001 12 APR	£218,000	£104,000	110% above HPI

51 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 51 NORHAM DRIVE sales between April 2001 and May 2015 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 March 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2015 sale, which was also at 66% above the HPI.

How Large is 51 NORHAM DRIVE?

51 NORHAM DRIVE is 168m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 51 NORHAM DRIVE lies on this distribution: 73% of detached houses are smaller than 51 NORHAM DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

51 NORHAM DRIVE: Plot and Title Map

51 NORHAM DRIVE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 51 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 51 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 51 NORHAM DRIVE?

51 NORHAM DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 51 on NORHAM DRIVE.