LAWNS COTTAGE, NEWCASTLE ROAD, CORBRIDGE, NE45 5LQ - £480,000

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

LAWNS COTTAGE is a small detached house of 113m², built sometime between 1983 and 1990. It was last sold for £480,000 in December 2018, which was around 88% above the average December 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

LAWNS COTTAGE Sold Prices

Land registry data shows two sales for LAWNS COTTAGE 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 LAWNS COTTAGE 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 19 DEC	£480,000	£255,260	88% above HPI
2005 16 SEP	£350,000	£231,316	51% above HPI

LAWNS COTTAGE 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 LAWNS COTTAGE sales from September 2005 and December 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 September 2005 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2018 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is LAWNS COTTAGE?

LAWNS COTTAGE is 113m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where LAWNS COTTAGE lies on this distribution: 21% of detached houses are smaller than LAWNS COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

LAWNS COTTAGE: Plot and Title Map

LAWNS COTTAGE sits on a plot of roughly 0.374 of an acre, or 1,513m². The below map shows the location of LAWNS COTTAGE, 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 LAWNS COTTAGE). 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 LAWNS COTTAGE?

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