MALVERN, AYDON GROVE, CORBRIDGE, NE45 5DZ - £285,000

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

MALVERN is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £285,000 in March 2019, which was around 14% above the average March 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

MALVERN Sold Prices

Land registry data shows three sales for MALVERN 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. One of the three MALVERN sales was for above the average price, whilst two were for below 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 8 MAR	£285,000	£249,792	14% above HPI
2013 11 OCT	£222,500	£234,263	5% below HPI
2012 12 JUL	£155,000	£228,477	32% below HPI

MALVERN 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 MALVERN sales between July 2012 and March 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 October 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is MALVERN?

MALVERN is 85m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where MALVERN lies on this distribution: 6% of detached houses are smaller than MALVERN, and 94% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

MALVERN: Plot and Title Map

MALVERN sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of MALVERN, 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 MALVERN). 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 MALVERN?

MALVERN is located on AYDON GROVE in CORBRIDGE, in the NE45 postcode district. The below map shows the position of MALVERN on AYDON GROVE.