HOLMLEA, STATION ROAD, CORBRIDGE, NE45 5AY - £360,000

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.

HOLMLEA is a large extended detached house of 177m², built sometime between 1900 and 1929, which could now be worth an estimated £477,124. It was last sold for £360,000 in November 2019, which was around 37% above the average November 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

HOLMLEA Sold Prices

Land registry data shows two sales for HOLMLEA 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 HOLMLEA 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
2019 15 NOV	£360,000	£262,802	37% above HPI
2004 14 MAY	£340,000	£200,843	69% above HPI

HOLMLEA 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 HOLMLEA sales from May 2004 and November 2019 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 2004 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the November 2019 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might HOLMLEA be worth now?

HOLMLEA might now be worth an estimated £477,124.

This is based on house price inflation of 32.5%, between November 2019 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 32.5% inflationary increase is applied to the most recent sale price for HOLMLEA of £360,000 on 15th November 2019. For the value to have increased from £360,000 to £477,124 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of HOLMLEA has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of HOLMLEA has not materially changed since November 2019.

How Large is HOLMLEA?

HOLMLEA is 177m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% 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 HOLMLEA lies on this distribution: 76% of detached houses houses are smaller than HOLMLEA, and 24% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

HOLMLEA: Plot and Title Map

HOLMLEA sits on a plot of roughly 2.1 acres, or 8,515m². The below map shows the location of HOLMLEA, 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 HOLMLEA). 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 HOLMLEA?

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