HALLBANK, NEWCASTLE ROAD, CORBRIDGE, NE45 5LN - £1,998,500

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

HALLBANK is a very large extended detached house of 363m², built sometime between 1930 and 1949. It was last sold for £1,998,500 in September 2018, which was around 655% above the average September 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

HALLBANK Sold Prices

Land registry data shows two sales for HALLBANK 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 HALLBANK 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
2018 12 SEP	£1,998,500	£264,749	655% above HPI
2008 30 MAY	£1,300,000	£263,342	394% above HPI

HALLBANK 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 HALLBANK sales from May 2008 and September 2018 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 May 2008 sale was for 394% above the HPI. So the extrapolation line tracks at 394% above the HPI over time, until the September 2018 sale, where it rises to 655% above the HPI. The line then continues to track at 655% above the HPI.

How Large is HALLBANK?

HALLBANK is 363m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 HALLBANK lies on this distribution: 98% of detached houses are smaller than HALLBANK, and 2% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

HALLBANK: Plot and Title Map

HALLBANK sits on a plot of roughly 1.000 of an acre, or 4,046m². The below map shows the location of HALLBANK, 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 HALLBANK). 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 HALLBANK?

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