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

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

WEST CHEYNES is a very large extended detached house of 255m², built sometime between 1967 and 1975. It was last sold for £740,000 in June 2021, which was around 154% 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	£291,776	154% above HPI
1998 15 APR	£205,000	£86,704	136% 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 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the June 2021 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

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 in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where WEST CHEYNES lies on this distribution: 94% of detached 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 0.335 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.