2, GERANIUM DRIVE, MORPETH, NE61 3EY - £80,000

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.

2 GERANIUM DRIVE is a very small terraced house of 67m², built in 2019, which could now be worth an estimated £113,573. It was last sold for £80,000 in December 2019, which was around 31% below the average December 2019 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

2 GERANIUM DRIVE Sold Prices

Land registry data shows one sale for 2 GERANIUM DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 19 DEC	£80,000	£116,219	31% below HPI

What might 2 GERANIUM DRIVE be worth now?

2 GERANIUM DRIVE might now be worth an estimated £113,573.

This is based on house price inflation of 42%, between December 2019 and April 2026, for terraced 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 42% inflationary increase is applied to the most recent sale price for 2 GERANIUM DRIVE of £80,000 on 19th December 2019. For the value to have increased from £80,000 to £113,573 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 GERANIUM DRIVE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The December 2019 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GERANIUM DRIVE has not materially changed since December 2019.

How Large is 2 GERANIUM DRIVE?

2 GERANIUM DRIVE is 67m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses in Fair Moor, based on EPC data. The below chart shows the distribution of terraced houses by size in Fair Moor, and where 2 GERANIUM DRIVE lies on this distribution: Less than 1% of terraced houses are smaller than 2 GERANIUM DRIVE, and more than 99% of terraced houses are larger. Note that EPC data is not available for all properties in Fair Moor.

2 GERANIUM DRIVE: Plot

2 GERANIUM DRIVE sits on a plot of roughly 0.023 of an acre, or 94m².

Where is 2 GERANIUM DRIVE?

2 GERANIUM DRIVE is located in MORPETH, in the NE61 postcode district.