13, NORHAM DRIVE, MORPETH, NE61 2XA - £451,500

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.

13 NORHAM DRIVE is a large detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £550,904. It was last sold for £451,500 in June 2021, which was around 50% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

13 NORHAM DRIVE Sold Prices

Land registry data shows two sales for 13 NORHAM 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. Both of the two 13 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
2021 25 JUN	£451,500	£301,163	50% above HPI
2002 9 AUG	£266,875	£138,402	93% above HPI

13 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 two 13 NORHAM DRIVE sales from August 2002 and June 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 August 2002 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the June 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 13 NORHAM DRIVE be worth now?

13 NORHAM DRIVE might now be worth an estimated £550,904.

This is based on house price inflation of 22%, between June 2021 and May 2026, 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 22% inflationary increase is applied to the most recent sale price for 13 NORHAM DRIVE of £451,500 on 25th June 2021. For the value to have increased from £451,500 to £550,904 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 13 NORHAM DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £451,500 represented a fair market value for the property.
• The size, condition, and specification of 13 NORHAM DRIVE has not materially changed since June 2021.

How Large is 13 NORHAM DRIVE?

13 NORHAM DRIVE is 172m² according to the EPC inspection conducted in July 2015. 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 13 NORHAM DRIVE lies on this distribution: 76% of detached houses houses are smaller than 13 NORHAM DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

13 NORHAM DRIVE: Plot and Title Map

13 NORHAM DRIVE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 13 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 13 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 13 NORHAM DRIVE?

13 NORHAM DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 13 on NORHAM DRIVE.