8, JAMESON DRIVE, CORBRIDGE, NE45 5EX - £420,000

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.

8 JAMESON DRIVE is a very large extended detached house of 238m², built sometime between 1976 and 1982, which could now be worth an estimated £617,737. It was last sold for £420,000 in August 2014, which was around 72% above the average August 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

8 JAMESON DRIVE Sold Prices

Land registry data shows two sales for 8 JAMESON DRIVE 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 8 JAMESON DRIVE 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
2014 6 AUG	£420,000	£244,621	72% above HPI
2012 15 FEB	£372,000	£229,428	62% above HPI

8 JAMESON DRIVE 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 8 JAMESON DRIVE sales from February 2012 and August 2014 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 February 2012 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2014 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 8 JAMESON DRIVE be worth now?

8 JAMESON DRIVE might now be worth an estimated £617,737.

This is based on house price inflation of 47.1%, between August 2014 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 47.1% inflationary increase is applied to the most recent sale price for 8 JAMESON DRIVE of £420,000 on 6th August 2014. For the value to have increased from £420,000 to £617,737 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 8 JAMESON DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2014 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JAMESON DRIVE has not materially changed since August 2014.

How Large is 8 JAMESON DRIVE?

8 JAMESON DRIVE is 238m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 8 JAMESON DRIVE lies on this distribution: 93% of detached houses houses are smaller than 8 JAMESON DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

8 JAMESON DRIVE: Plot and Title Map

8 JAMESON DRIVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 8 JAMESON DRIVE, 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 8 JAMESON DRIVE). 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 8 JAMESON DRIVE?

8 JAMESON DRIVE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 8 on JAMESON DRIVE.