10, CHAINS DRIVE, CORBRIDGE, NE45 5BP - £359,950

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.

10 CHAINS DRIVE is a midsized terraced house of 148m², built sometime between 2003 and 2006, which could now be worth an estimated £524,065. It was last sold for £359,950 in May 2019, which was around 219% above the average May 2019 terraced price in the Northumberland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was B, and the potential energy rating was B.

10 CHAINS DRIVE Sold Prices

Land registry data shows two sales for 10 CHAINS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 10 CHAINS 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
2019 17 MAY	£359,950	£112,890	219% above HPI
2008 10 JUL	£325,000	£123,295	164% above HPI

10 CHAINS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 10 CHAINS DRIVE sales from July 2008 and May 2019 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 July 2008 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the May 2019 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

What might 10 CHAINS DRIVE be worth now?

10 CHAINS DRIVE might now be worth an estimated £524,065.

This is based on house price inflation of 45.6%, between May 2019 and July 2025, 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 45.6% inflationary increase is applied to the most recent sale price for 10 CHAINS DRIVE of £359,950 on 17th May 2019. For the value to have increased from £359,950 to £524,065 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 10 CHAINS DRIVE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2019 sale price of £359,950 represented a fair market value for the property.
• The size, condition, and specification of 10 CHAINS DRIVE has not materially changed since May 2019.

How Large is 10 CHAINS DRIVE?

10 CHAINS DRIVE is 148m² according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of terraced houses houses in Corbridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Corbridge, and where 10 CHAINS DRIVE lies on this distribution: 57% of terraced houses houses are smaller than 10 CHAINS DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

10 CHAINS DRIVE: Plot and Title Map

10 CHAINS DRIVE sits on a plot of roughly 2.9 acres, or 11,801m². The below map shows the location of 10 CHAINS 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 10 CHAINS 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 10 CHAINS DRIVE?

10 CHAINS DRIVE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 10 on CHAINS DRIVE.