8, IRIS DRIVE, BLYTH, NE24 4UB - £236,950

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.

8 IRIS DRIVE is a midsized detached house of 103m², built in 2021, which could now be worth an estimated £297,717. It was last sold for £236,950 in May 2021, which was around 19% below the average May 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

8 IRIS DRIVE Sold Prices

Land registry data shows one sale for 8 IRIS DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2021 28 MAY	£236,950	£292,464	19% below HPI

What might 8 IRIS DRIVE be worth now?

8 IRIS DRIVE might now be worth an estimated £297,717.

This is based on house price inflation of 25.6%, between May 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 25.6% inflationary increase is applied to the most recent sale price for 8 IRIS DRIVE of £236,950 on 28th May 2021. For the value to have increased from £236,950 to £297,717 over the five years to May 2026, the following assumptions must hold true:

• The value of 8 IRIS DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2021 sale price of £236,950 represented a fair market value for the property.
• The size, condition, and specification of 8 IRIS DRIVE has not materially changed since May 2021.

How Large is 8 IRIS DRIVE?

8 IRIS DRIVE is 103m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 8 IRIS DRIVE lies on this distribution: 45% of detached houses are smaller than 8 IRIS DRIVE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Blyth.

8 IRIS DRIVE: Plot

8 IRIS DRIVE sits on a plot of roughly 0.081 of an acre, or 329m².

Where is 8 IRIS DRIVE?

8 IRIS DRIVE is located in BLYTH, in the NE24 postcode district.