8, WILLOW DYKE, CORBRIDGE, NE45 5JR - £360,000

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 WILLOW DYKE is a small detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £495,596. It was last sold for £360,000 in February 2019, which was around 38% above the average February 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

8 WILLOW DYKE Sold Prices

Land registry data shows two sales for 8 WILLOW DYKE 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 WILLOW DYKE 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
2019 8 FEB	£360,000	£261,350	38% above HPI
2003 4 NOV	£285,000	£195,104	46% above HPI

8 WILLOW DYKE 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 WILLOW DYKE sales from November 2003 and February 2019 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 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 8 WILLOW DYKE be worth now?

8 WILLOW DYKE might now be worth an estimated £495,596.

This is based on house price inflation of 37.7%, between February 2019 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 37.7% inflationary increase is applied to the most recent sale price for 8 WILLOW DYKE of £360,000 on 8th February 2019. For the value to have increased from £360,000 to £495,596 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 WILLOW DYKE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILLOW DYKE has not materially changed since February 2019.

How Large is 8 WILLOW DYKE?

8 WILLOW DYKE is 130m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% 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 WILLOW DYKE lies on this distribution: 34% of detached houses houses are smaller than 8 WILLOW DYKE, and 61% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

8 WILLOW DYKE: Plot and Title Map

8 WILLOW DYKE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 8 WILLOW DYKE, 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 WILLOW DYKE). 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 WILLOW DYKE?

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