7, CRAGSIDE, CORBRIDGE, NE45 5EU - £456,000

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

7 CRAGSIDE is a very small detached house of 98m². It was last sold for £456,000 in July 2023, which was around 43% above the average July 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

7 CRAGSIDE Sold Prices

Land registry data shows two sales for 7 CRAGSIDE 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 7 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
2023 21 JUL	£456,000	£319,748	43% above HPI
2017 25 MAY	£349,995	£249,321	40% above HPI

7 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 two 7 CRAGSIDE sales from May 2017 and July 2023 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 May 2017 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 7 CRAGSIDE?

7 CRAGSIDE is 98m² according to the EPC inspection conducted in March 2017. 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 7 CRAGSIDE lies on this distribution: 12% of detached houses are smaller than 7 CRAGSIDE, and 88% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

7 CRAGSIDE: Plot and Title Map

7 CRAGSIDE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 7 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 7 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 7 CRAGSIDE?

7 CRAGSIDE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 7 on CRAGSIDE.