COLBECK, STAKEFORD LANE, CHOPPINGTON, NE62 5QS - £210,000

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.

COLBECK is a very large extended detached house of 192m², built sometime between 1976 and 1982, which could now be worth an estimated £292,658. It was last sold for £210,000 in June 2017, which was around 19% below the average June 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

COLBECK Sold Prices

Land registry data shows three sales for COLBECK 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. One of the three COLBECK sales was for below the average price, whilst two 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
2017 30 JUN	£210,000	£258,171	19% below HPI
2005 8 JUL	£249,950	£234,088	7% above HPI
1996 26 JUL	£92,000	£86,067	7% above HPI

COLBECK 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 COLBECK sales between July 1996 and June 2017 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 July 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might COLBECK be worth now?

COLBECK might now be worth an estimated £292,658.

This is based on house price inflation of 39.4%, between June 2017 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 39.4% inflationary increase is applied to the most recent sale price for COLBECK of £210,000 on 30th June 2017. For the value to have increased from £210,000 to £292,658 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of COLBECK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of COLBECK has not materially changed since June 2017.

How Large is COLBECK?

COLBECK is 192m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guide Post, and where COLBECK lies on this distribution: 98% of detached houses houses are smaller than COLBECK, and 2% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

COLBECK: Plot and Title Map

COLBECK sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of COLBECK, 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 COLBECK). 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 COLBECK?

COLBECK is located on STAKEFORD LANE in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of COLBECK on STAKEFORD LANE.