2, PRIORY GARDENS, CORBRIDGE, NE45 5HZ - £390,000

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 PRIORY GARDENS is a very small detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £579,947. It was last sold for £390,000 in October 2011, which was around 61% above the average October 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 PRIORY GARDENS Sold Prices

Land registry data shows two sales for 2 PRIORY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 PRIORY GARDENS 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
2011 12 OCT	£390,000	£241,949	61% above HPI
2002 22 NOV	£185,125	£146,991	26% above HPI

2 PRIORY GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 2 PRIORY GARDENS sales from November 2002 and October 2011 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 November 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2011 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 2 PRIORY GARDENS be worth now?

2 PRIORY GARDENS might now be worth an estimated £579,947.

This is based on house price inflation of 48.7%, between October 2011 and February 2025, 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 48.7% inflationary increase is applied to the most recent sale price for 2 PRIORY GARDENS of £390,000 on 12th October 2011. For the value to have increased from £390,000 to £579,947 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PRIORY GARDENS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2011 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY GARDENS has not materially changed since October 2011.

How Large is 2 PRIORY GARDENS?

2 PRIORY GARDENS is 108m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corbridge, and where 2 PRIORY GARDENS lies on this distribution: 19% of detached houses houses are smaller than 2 PRIORY GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

2 PRIORY GARDENS: Plot and Title Map

2 PRIORY GARDENS sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 2 PRIORY GARDENS, 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 2 PRIORY GARDENS). 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 2 PRIORY GARDENS?

2 PRIORY GARDENS is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 2 on PRIORY GARDENS.