7, CROFTS AVENUE, CORBRIDGE, NE45 5LY - £315,000

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 CROFTS AVENUE is a midsized extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £315,000 in May 2013, which was around 38% above the average May 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

7 CROFTS AVENUE Sold Prices

Land registry data shows two sales for 7 CROFTS AVENUE 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 CROFTS AVENUE 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
2013 7 MAY	£315,000	£227,873	38% above HPI
1998 6 NOV	£162,500	£95,268	71% above HPI

7 CROFTS AVENUE 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 CROFTS AVENUE sales from November 1998 and May 2013 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 1998 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the May 2013 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 7 CROFTS AVENUE?

7 CROFTS AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% 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 CROFTS AVENUE lies on this distribution: 47% of detached houses are smaller than 7 CROFTS AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

7 CROFTS AVENUE: Plot and Title Map

7 CROFTS AVENUE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 7 CROFTS AVENUE, 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 CROFTS AVENUE). 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 CROFTS AVENUE?

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