WEST CHEYNES, STAGSHAW ROAD, CORBRIDGE, NE45 5HG - £740,000

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.

WEST CHEYNES is a very large extended detached house of 255m², built sometime between 1967 and 1975, which could now be worth an estimated £884,052. It was last sold for £740,000 in June 2021, which was around 146% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was B.

WEST CHEYNES Sold Prices

Land registry data shows two sales for WEST CHEYNES 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 WEST CHEYNES 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
2021 28 JUN	£740,000	£301,163	146% above HPI
1998 15 APR	£205,000	£89,493	129% above HPI

WEST CHEYNES 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 WEST CHEYNES sales from April 1998 and June 2021 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 1998 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the June 2021 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

What might WEST CHEYNES be worth now?

WEST CHEYNES might now be worth an estimated £884,052.

This is based on house price inflation of 19.5%, between June 2021 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 19.5% inflationary increase is applied to the most recent sale price for WEST CHEYNES of £740,000 on 28th June 2021. For the value to have increased from £740,000 to £884,052 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of WEST CHEYNES has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of WEST CHEYNES has not materially changed since June 2021.

How Large is WEST CHEYNES?

WEST CHEYNES is 255m², which includes two extensions, according to the EPC inspection conducted in August 2023. 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 WEST CHEYNES lies on this distribution: 94% of detached houses houses are smaller than WEST CHEYNES, and 6% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

WEST CHEYNES: Plot and Title Map

WEST CHEYNES sits on a plot of roughly 0.336 of an acre, or 1,358m². The below map shows the location of WEST CHEYNES, 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 WEST CHEYNES). 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 WEST CHEYNES?

WEST CHEYNES is located on STAGSHAW ROAD in CORBRIDGE, in the NE45 postcode district. The below map shows the position of WEST CHEYNES on STAGSHAW ROAD.