BRIDGE HOUSE, CORBRIDGE, NE45 5AU - £900,000

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.

BRIDGE HOUSE is a midsized detached house of 132m², built sometime before 1900, which could now be worth an estimated £1,314,981. It was last sold for £900,000 in February 2010, which was around 265% above the average February 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was G, and the potential energy rating was C.

BRIDGE HOUSE Sold Prices

Land registry data shows three sales for BRIDGE HOUSE 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 BRIDGE 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
2010 5 FEB	£900,000	£246,247	265% above HPI
2006 15 DEC	£800,000	£254,174	215% above HPI
2003 21 NOV	£500,000	£195,104	156% above HPI

BRIDGE 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 three BRIDGE HOUSE sales between November 2003 and February 2010 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 December 2006 sale was for 215% above the HPI. So the extrapolation line tracks at 215% above the HPI over time, until the February 2010 sale, where it rises to 265% above the HPI. The line then continues to track at 265% above the HPI.

What might BRIDGE HOUSE be worth now?

BRIDGE HOUSE might now be worth an estimated £1,314,981.

This is based on house price inflation of 46.1%, between February 2010 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 46.1% inflationary increase is applied to the most recent sale price for BRIDGE HOUSE of £900,000 on 5th February 2010. For the value to have increased from £900,000 to £1,314,981 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of BRIDGE HOUSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2010 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of BRIDGE HOUSE has not materially changed since February 2010.

How Large is BRIDGE HOUSE?

BRIDGE HOUSE is 132m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% 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 BRIDGE HOUSE lies on this distribution: 42% of detached houses houses are smaller than BRIDGE HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

BRIDGE HOUSE: Plot and Title Map

BRIDGE HOUSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of BRIDGE 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 BRIDGE 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 BRIDGE HOUSE?

BRIDGE HOUSE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of BRIDGE HOUSE in CORBRIDGE.