GREEN GATES, CROFTS WAY, CORBRIDGE, NE45 5NB - £395,000

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.

GREEN GATES is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £581,392. It was last sold for £395,000 in November 2014, which was around 62% above the average November 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

GREEN GATES Sold Prices

Land registry data shows two sales for GREEN GATES 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 GREEN GATES 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 3 NOV	£395,000	£244,442	62% above HPI
1999 30 JUL	£159,000	£101,180	57% above HPI

GREEN GATES 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 GREEN GATES sales from July 1999 and November 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 July 1999 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the November 2014 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might GREEN GATES be worth now?

GREEN GATES might now be worth an estimated £581,392.

This is based on house price inflation of 47.2%, between November 2014 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 47.2% inflationary increase is applied to the most recent sale price for GREEN GATES of £395,000 on 3rd November 2014. For the value to have increased from £395,000 to £581,392 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of GREEN GATES has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN GATES has not materially changed since November 2014.

How Large is GREEN GATES?

GREEN GATES is 76m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% 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 GREEN GATES lies on this distribution: 2% of detached houses houses are smaller than GREEN GATES, and 98% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

GREEN GATES: Plot and Title Map

GREEN GATES sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of GREEN GATES, 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 GREEN GATES). 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 GREEN GATES?

GREEN GATES is located on CROFTS WAY in CORBRIDGE, in the NE45 postcode district. The below map shows the position of GREEN GATES on CROFTS WAY.