57, MORGAN DRIVE, WHITWORTH, SPENNYMOOR, DL16 7QF - £185,000

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

57 MORGAN DRIVE is a very small detached house of 87m², built in 2013. It was last sold for £185,000 in November 2021, which was around 8% below the average November 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

57 MORGAN DRIVE Sold Prices

Land registry data shows two sales for 57 MORGAN 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 County Durham local authority area for the corresponding sale date. One of the two 57 MORGAN DRIVE sales was for below the average price, whilst the other was 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
2021 5 NOV	£185,000	£201,394	8% below HPI
2014 25 APR	£179,995	£149,605	20% above HPI

57 MORGAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 57 MORGAN DRIVE sales from April 2014 and November 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 April 2014 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 57 MORGAN DRIVE?

57 MORGAN DRIVE is 87m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 57 MORGAN DRIVE lies on this distribution: 15% of detached houses are smaller than 57 MORGAN DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

57 MORGAN DRIVE: Plot and Title Map

57 MORGAN DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 57 MORGAN 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 57 MORGAN 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 57 MORGAN DRIVE?

57 MORGAN DRIVE is located in WHITWORTH, in the DL16 postcode district. The below map shows the position of No. 57 on MORGAN DRIVE.