LOW RIDING, AYDON ROAD, CORBRIDGE, NE45 5EJ - £725,000

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

LOW RIDING is a very large extended detached house of 211m², built sometime before 1900. It was last sold for £725,000 in April 2019, which was around 190% above the average April 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

LOW RIDING Sold Prices

Land registry data shows two sales for LOW RIDING 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 LOW RIDING 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 12 APR	£725,000	£250,076	190% above HPI
1996 16 AUG	£170,000	£85,675	98% above HPI

LOW RIDING 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 LOW RIDING sales from August 1996 and April 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 August 1996 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2019 sale, where it rises to 190% above the HPI. The line then continues to track at 190% above the HPI.

How Large is LOW RIDING?

LOW RIDING is 211m², which includes three extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where LOW RIDING lies on this distribution: 90% of detached houses are smaller than LOW RIDING, and 10% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

LOW RIDING: Plot and Title Map

LOW RIDING sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of LOW RIDING, 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 LOW RIDING). 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 LOW RIDING?

LOW RIDING is located on AYDON ROAD in CORBRIDGE, in the NE45 postcode district. The below map shows the position of LOW RIDING on AYDON ROAD.