HERONS CLOSE, AYDON GARDENS, CORBRIDGE, NE45 5DX - £470,000

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

HERONS CLOSE is a midsized detached house of 138m², built sometime between 1967 and 1975. It was last sold for £470,000 in September 2015, which was around 87% above the average September 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

HERONS CLOSE Sold Prices

Land registry data shows three sales for HERONS CLOSE 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 HERONS CLOSE 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
2015 16 SEP	£470,000	£251,501	87% above HPI
2007 17 APR	£363,000	£246,515	47% above HPI
1995 26 JAN	£126,000	£80,797	56% above HPI

HERONS CLOSE 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 HERONS CLOSE sales between January 1995 and September 2015 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 April 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2015 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is HERONS CLOSE?

HERONS CLOSE is 138m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where HERONS CLOSE lies on this distribution: 47% of detached houses are smaller than HERONS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

HERONS CLOSE: Plot and Title Map

HERONS CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of HERONS CLOSE, 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 HERONS CLOSE). 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 HERONS CLOSE?

HERONS CLOSE is located on AYDON GARDENS in CORBRIDGE, in the NE45 postcode district. The below map shows the position of HERONS CLOSE on AYDON GARDENS.