3, PRIORY GARDENS, CORBRIDGE, NE45 5HZ - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 PRIORY GARDENS is a very small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2011, which was around 49% above the average August 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 PRIORY GARDENS Sold Prices

Land registry data shows two sales for 3 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 3 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 18 AUG	£350,000	£235,319	49% above HPI
2007 11 JUN	£289,000	£252,727	14% above HPI

3 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 3 PRIORY GARDENS sales from June 2007 and August 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 June 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2011 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 3 PRIORY GARDENS?

3 PRIORY GARDENS is 103m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where 3 PRIORY GARDENS lies on this distribution: 17% of detached houses are smaller than 3 PRIORY GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

3 PRIORY GARDENS: Plot and Title Map

3 PRIORY GARDENS sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 3 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 3 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 3 PRIORY GARDENS?

3 PRIORY GARDENS is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 3 on PRIORY GARDENS.