THE WILLOWS, AYDON ROAD, CORBRIDGE, NE45 5EF - £855,000

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.

THE WILLOWS is a very large detached house of 225m², built sometime from 2007 onwards, which could now be worth an estimated £1,214,050. It was last sold for £855,000 in December 2015, which was around 237% above the average December 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 THE WILLOWS 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
2015 11 DEC	£855,000	£253,383	237% above HPI
2007 30 APR	£311,000	£254,445	22% above HPI

THE WILLOWS 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 THE WILLOWS sales from April 2007 and December 2015 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 April 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2015 sale, where it rises to 237% above the HPI. The line then continues to track at 237% above the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £1,214,050.

This is based on house price inflation of 42%, between December 2015 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 42% inflationary increase is applied to the most recent sale price for THE WILLOWS of £855,000 on 11th December 2015. For the value to have increased from £855,000 to £1,214,050 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2015 sale price of £855,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since December 2015.

How Large is THE WILLOWS?

THE WILLOWS is 225m² according to the EPC inspection conducted in February 2012. 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 THE WILLOWS lies on this distribution: 91% of detached houses houses are smaller than THE WILLOWS, and 9% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

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