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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREEN GATES is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £395,000 in November 2014, which was around 67% 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	£236,823	67% above HPI
1999 30 JUL	£159,000	£98,026	62% 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 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2014 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

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 in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where GREEN GATES lies on this distribution: 2% of detached 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.