2, NILE DRIVE, SWARLAND, MORPETH, NE65 9PQ - £350,000

2 NILE DRIVE is a small detached house of 133m², built sometime between 1996 and 2002. It was last sold for £350,000 in June 2010, which was around 45% above the average June 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

2 NILE DRIVE Sold Prices

Land registry data shows five sales for 2 NILE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 2 NILE 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
2010 29 JUN	£350,000	£241,256	45% above HPI
2006 19 SEP	£295,000	£247,084	19% above HPI
2002 28 OCT	£179,950	£138,451	30% above HPI
2000 7 AUG	£149,500	£103,766	44% above HPI
1998 26 NOV	£44,500	£95,268	53% below HPI

2 NILE 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 five 2 NILE DRIVE sales between November 1998 and June 2010 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 September 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2010 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 NILE DRIVE?

2 NILE DRIVE is 133m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses by size in Swarland, and where 2 NILE DRIVE lies on this distribution: 25% of detached houses are smaller than 2 NILE DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Swarland.

2 NILE DRIVE: Plot and Title Map

2 NILE DRIVE sits on a plot of roughly 0.259 of an acre, or 1,050m². The below map shows the location of 2 NILE 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 2 NILE 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 2 NILE DRIVE?

2 NILE DRIVE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 2 on NILE DRIVE.