ALBANY HOUSE, APPLETREE LANE, CORBRIDGE, NE45 5DN - £1,150,000

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

ALBANY HOUSE is a very large detached house of 329m². It was last sold for £1,150,000 in December 2014, which was around 388% above the average December 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was B.

ALBANY HOUSE Sold Prices

Land registry data shows four sales for ALBANY HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four ALBANY HOUSE 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 15 DEC	£1,150,000	£235,538	388% above HPI
2013 22 OCT	£600,000	£234,263	156% above HPI
2002 31 OCT	£450,000	£138,451	225% above HPI
1996 28 JUN	£210,000	£82,047	156% above HPI

ALBANY HOUSE 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 four ALBANY HOUSE sales between June 1996 and December 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 October 2013 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the December 2014 sale, where it rises to 388% above the HPI. The line then continues to track at 388% above the HPI.

How Large is ALBANY HOUSE?

ALBANY HOUSE is 329m² according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where ALBANY HOUSE lies on this distribution: 97% of detached houses are smaller than ALBANY HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

ALBANY HOUSE: Plot and Title Map

ALBANY HOUSE sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of ALBANY HOUSE, 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 ALBANY HOUSE). 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 ALBANY HOUSE?

ALBANY HOUSE is located on APPLETREE LANE in CORBRIDGE, in the NE45 postcode district. The below map shows the position of ALBANY HOUSE on APPLETREE LANE.