HOLBENE, STAGSHAW ROAD, CORBRIDGE, NE45 5HR - £615,000

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.

HOLBENE is a midsized detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £794,799. It was last sold for £615,000 in July 2020, which was around 128% above the average July 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

HOLBENE Sold Prices

Land registry data shows two sales for HOLBENE 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 HOLBENE 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
2020 27 JUL	£615,000	£269,510	128% above HPI
1998 11 DEC	£112,600	£96,436	17% above HPI

HOLBENE 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 HOLBENE sales from December 1998 and July 2020 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 December 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2020 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

What might HOLBENE be worth now?

HOLBENE might now be worth an estimated £794,799.

This is based on house price inflation of 29.2%, between July 2020 and June 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 29.2% inflationary increase is applied to the most recent sale price for HOLBENE of £615,000 on 27th July 2020. For the value to have increased from £615,000 to £794,799 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of HOLBENE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of HOLBENE has not materially changed since July 2020.

How Large is HOLBENE?

HOLBENE is 152m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 HOLBENE lies on this distribution: 58% of detached houses houses are smaller than HOLBENE, and 42% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

HOLBENE: Plot and Title Map

HOLBENE sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of HOLBENE, 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 HOLBENE). 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 HOLBENE?

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