4, CRAGSIDE, CORBRIDGE, NE45 5EU - £350,000

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.

4 CRAGSIDE is a very small detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £519,744. It was last sold for £350,000 in April 2015, which was around 44% above the average April 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

4 CRAGSIDE Sold Prices

Land registry data shows three sales for 4 CRAGSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 4 CRAGSIDE 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
2015 24 APR	£350,000	£242,285	44% above HPI
1998 5 JUN	£155,000	£92,082	68% above HPI
1996 4 APR	£132,950	£81,564	63% above HPI

4 CRAGSIDE 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 three 4 CRAGSIDE sales between April 1996 and April 2015 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 1998 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 4 CRAGSIDE be worth now?

4 CRAGSIDE might now be worth an estimated £519,744.

This is based on house price inflation of 48.5%, between April 2015 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 48.5% inflationary increase is applied to the most recent sale price for 4 CRAGSIDE of £350,000 on 24th April 2015. For the value to have increased from £350,000 to £519,744 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 4 CRAGSIDE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRAGSIDE has not materially changed since April 2015.

How Large is 4 CRAGSIDE?

4 CRAGSIDE is 89m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 4 CRAGSIDE lies on this distribution: 8% of detached houses houses are smaller than 4 CRAGSIDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

4 CRAGSIDE: Plot and Title Map

4 CRAGSIDE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 4 CRAGSIDE, 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 4 CRAGSIDE). 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 4 CRAGSIDE?

4 CRAGSIDE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 4 on CRAGSIDE.