34, BUTTERWELL DRIVE, PEGSWOOD, MORPETH, NE61 6YH - £173,000

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.

34 BUTTERWELL DRIVE is a very small extended semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £208,061. It was last sold for £173,000 in December 2021, which was around 10% above the average December 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

34 BUTTERWELL DRIVE Sold Prices

Land registry data shows two sales for 34 BUTTERWELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. One of the two 34 BUTTERWELL DRIVE sales was for above the average price, whilst the other was 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
2021 17 DEC	£173,000	£157,018	10% above HPI
2019 13 FEB	£134,950	£139,500	3% below HPI

34 BUTTERWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 34 BUTTERWELL DRIVE sales from February 2019 and December 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 February 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 34 BUTTERWELL DRIVE be worth now?

34 BUTTERWELL DRIVE might now be worth an estimated £208,061.

This is based on house price inflation of 20.3%, between December 2021 and June 2025, for semi-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 20.3% inflationary increase is applied to the most recent sale price for 34 BUTTERWELL DRIVE of £173,000 on 17th December 2021. For the value to have increased from £173,000 to £208,061 over the four years and six months to June 2025, the following assumptions must hold true:

• The value of 34 BUTTERWELL DRIVE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The December 2021 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 34 BUTTERWELL DRIVE has not materially changed since December 2021.

How Large is 34 BUTTERWELL DRIVE?

34 BUTTERWELL DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of semi-detached houses houses in Pegswood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pegswood, and where 34 BUTTERWELL DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 34 BUTTERWELL DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

34 BUTTERWELL DRIVE: Plot and Title Map

34 BUTTERWELL DRIVE sits on a plot of roughly 138.0 acres, or 558,266m². The below map shows the location of 34 BUTTERWELL 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 34 BUTTERWELL 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 34 BUTTERWELL DRIVE?

34 BUTTERWELL DRIVE is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 34 on BUTTERWELL DRIVE.