37, DOWNING DRIVE, MORPETH, NE61 2YB - £263,000

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.

37 DOWNING DRIVE is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £323,845. It was last sold for £263,000 in June 2021, which was around 60% above the average June 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

37 DOWNING DRIVE Sold Prices

Land registry data shows two sales for 37 DOWNING 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. Both of the two 37 DOWNING 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 30 JUN	£263,000	£163,991	60% above HPI
2012 3 SEP	£175,000	£127,173	38% above HPI

37 DOWNING 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 37 DOWNING DRIVE sales from September 2012 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 September 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 37 DOWNING DRIVE be worth now?

37 DOWNING DRIVE might now be worth an estimated £323,845.

This is based on house price inflation of 23.1%, between June 2021 and May 2026, 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 23.1% inflationary increase is applied to the most recent sale price for 37 DOWNING DRIVE of £263,000 on 30th June 2021. For the value to have increased from £263,000 to £323,845 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 37 DOWNING DRIVE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The June 2021 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 37 DOWNING DRIVE has not materially changed since June 2021.

How Large is 37 DOWNING DRIVE?

37 DOWNING DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of semi-detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morpeth, and where 37 DOWNING DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 37 DOWNING DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

37 DOWNING DRIVE: Plot and Title Map

37 DOWNING DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 37 DOWNING 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 37 DOWNING 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 37 DOWNING DRIVE?

37 DOWNING DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 37 on DOWNING DRIVE.