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
6 IRIS DRIVE is a large detached house of 125m², built in 2021. It was last sold for £290,000 in April 2022, which was around 3% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 6 IRIS DRIVE since 1st 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. Both of the two 6 IRIS 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 |
---|---|---|---|
2022 7 APR | £290,000 | £299,246 | 3% below HPI |
2021 28 MAY | £269,950 | £283,349 | 5% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 6 IRIS DRIVE sales from May 2021 and April 2022 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 May 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
6 IRIS DRIVE is 125m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 6 IRIS DRIVE lies on this distribution: 78% of detached houses are smaller than 6 IRIS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Blyth.
6 IRIS DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 6 IRIS 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 6 IRIS 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.
6 IRIS DRIVE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 6 on IRIS DRIVE.