16, CHAINS DRIVE, CORBRIDGE, NE45 5BP - £329,950

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.

16 CHAINS DRIVE is a small semi-detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £451,967. It was last sold for £329,950 in August 2015, which was around 139% above the average August 2015 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

16 CHAINS DRIVE Sold Prices

Land registry data shows two sales for 16 CHAINS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 16 CHAINS DRIVE 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 17 AUG	£329,950	£137,859	139% above HPI
2007 28 JUN	£335,000	£144,881	131% above HPI

16 CHAINS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 16 CHAINS DRIVE sales from June 2007 and August 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 June 2007 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the August 2015 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

What might 16 CHAINS DRIVE be worth now?

16 CHAINS DRIVE might now be worth an estimated £451,967.

This is based on house price inflation of 37%, between August 2015 and June 2025, for semi-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 37% inflationary increase is applied to the most recent sale price for 16 CHAINS DRIVE of £329,950 on 17th August 2015. For the value to have increased from £329,950 to £451,967 over the ten years and two months to June 2025, the following assumptions must hold true:

• The value of 16 CHAINS DRIVE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The August 2015 sale price of £329,950 represented a fair market value for the property.
• The size, condition, and specification of 16 CHAINS DRIVE has not materially changed since August 2015.

How Large is 16 CHAINS DRIVE?

16 CHAINS DRIVE is 116m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of semi-detached houses houses in Corbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Corbridge, and where 16 CHAINS DRIVE lies on this distribution: 22% of semi-detached houses houses are smaller than 16 CHAINS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

16 CHAINS DRIVE: Plot and Title Map

16 CHAINS DRIVE sits on a plot of roughly 2.9 acres, or 11,801m². The below map shows the location of 16 CHAINS DRIVE, 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 16 CHAINS DRIVE). 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 16 CHAINS DRIVE?

16 CHAINS DRIVE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 16 on CHAINS DRIVE.