MORNINGSIDE, BEECH DRIVE, CORBRIDGE, NE45 5EW - £550,000

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.

MORNINGSIDE is a very large extended detached house of 214m², built sometime between 1967 and 1975, which could now be worth an estimated £751,063. It was last sold for £550,000 in December 2018, which was around 109% above the average December 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

MORNINGSIDE Sold Prices

Land registry data shows two sales for MORNINGSIDE 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 MORNINGSIDE 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 11 DEC	£550,000	£263,472	109% above HPI
1996 31 MAY	£92,277	£83,531	10% above HPI

MORNINGSIDE 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 MORNINGSIDE sales from May 1996 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 May 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2018 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might MORNINGSIDE be worth now?

MORNINGSIDE might now be worth an estimated £751,063.

This is based on house price inflation of 36.6%, between December 2018 and February 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 36.6% inflationary increase is applied to the most recent sale price for MORNINGSIDE of £550,000 on 11th December 2018. For the value to have increased from £550,000 to £751,063 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of MORNINGSIDE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of MORNINGSIDE has not materially changed since December 2018.

How Large is MORNINGSIDE?

MORNINGSIDE is 214m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% 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 MORNINGSIDE lies on this distribution: 91% of detached houses houses are smaller than MORNINGSIDE, and 9% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

MORNINGSIDE: Plot and Title Map

MORNINGSIDE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of MORNINGSIDE, 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 MORNINGSIDE). 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 MORNINGSIDE?

MORNINGSIDE is located on BEECH DRIVE in CORBRIDGE, in the NE45 postcode district. The below map shows the position of MORNINGSIDE on BEECH DRIVE.