WILLOW VALE, NEWCASTLE ROAD, CORBRIDGE, NE45 5LG - £775,000

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

WILLOW VALE is a very large extended semi-detached house of 271m², built sometime between 1983 and 1990. It was last sold for £775,000 in August 2010, which was around 215% above the average August 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

WILLOW VALE Sold Prices

Land registry data shows three sales for WILLOW VALE 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. All of the three WILLOW VALE 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
2010 25 AUG	£775,000	£245,981	215% above HPI
2007 6 JUL	£671,200	£258,969	159% above HPI
2002 12 DEC	£775,000	£145,834	431% above HPI

WILLOW VALE 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 WILLOW VALE sales between December 2002 and August 2010 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 July 2007 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the August 2010 sale, where it rises to 215% above the HPI. The line then continues to track at 215% above the HPI.

How Large is WILLOW VALE?

WILLOW VALE is 271m², which includes four extensions, according to the EPC inspection conducted in November 2021. 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 WILLOW VALE lies on this distribution: 95% of detached houses are smaller than WILLOW VALE, and 5% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

WILLOW VALE: Plot and Title Map

WILLOW VALE sits on a plot of roughly 0.285 of an acre, or 1,151m². The below map shows the location of WILLOW VALE, 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 WILLOW VALE). 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 WILLOW VALE?

WILLOW VALE is located on NEWCASTLE ROAD in CORBRIDGE, in the NE45 postcode district. The below map shows the position of WILLOW VALE on NEWCASTLE ROAD.