BEECHWOOD, STAGSHAW ROAD, CORBRIDGE, NE45 5PB - £515,000

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

BEECHWOOD is a large extended semi-detached house of 158m², built sometime between 1930 and 1949. It was last sold for £515,000 in February 2024, which was around 60% above the average February 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

BEECHWOOD Sold Prices

Land registry data shows three sales for BEECHWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three BEECHWOOD 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
2024 16 FEB	£515,000	£322,450	60% above HPI
2011 30 SEP	£380,000	£230,709	65% above HPI
2002 5 JUL	£195,000	£130,334	50% above HPI

BEECHWOOD 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 three BEECHWOOD sales between July 2002 and February 2024 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 September 2011 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2024 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is BEECHWOOD?

BEECHWOOD is 158m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where BEECHWOOD lies on this distribution: 64% of detached houses are smaller than BEECHWOOD, and 35% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

BEECHWOOD: Plot and Title Map

BEECHWOOD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of BEECHWOOD, 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 BEECHWOOD). 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 BEECHWOOD?

BEECHWOOD is located on STAGSHAW ROAD in CORBRIDGE, in the NE45 postcode district. The below map shows the position of BEECHWOOD on STAGSHAW ROAD.