2, CORBRIDGE TERRACE, ASHINGTON, NE63 8UT - £155,000

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.

2 CORBRIDGE TERRACE is a very small semi-detached house of 81m², which could now be worth an estimated £168,142. It was last sold for £155,000 in May 2023, which was around 11% below the average May 2023 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

2 CORBRIDGE TERRACE Sold Prices

Land registry data shows two sales for 2 CORBRIDGE TERRACE 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. One of the two 2 CORBRIDGE TERRACE sales was for below the average price, whilst the other was 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
2023 19 MAY	£155,000	£174,080	11% below HPI
2017 15 SEP	£159,950	£142,090	13% above HPI

2 CORBRIDGE TERRACE 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 2 CORBRIDGE TERRACE sales from September 2017 and May 2023 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 September 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 CORBRIDGE TERRACE be worth now?

2 CORBRIDGE TERRACE might now be worth an estimated £168,142.

This is based on house price inflation of 8.5%, between May 2023 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 8.5% inflationary increase is applied to the most recent sale price for 2 CORBRIDGE TERRACE of £155,000 on 19th May 2023. For the value to have increased from £155,000 to £168,142 over the one year and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 CORBRIDGE TERRACE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The May 2023 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORBRIDGE TERRACE has not materially changed since May 2023.

How Large is 2 CORBRIDGE TERRACE?

2 CORBRIDGE TERRACE is 81m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of semi-detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ashington, and where 2 CORBRIDGE TERRACE lies on this distribution: 12% of semi-detached houses houses are smaller than 2 CORBRIDGE TERRACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ashington.

2 CORBRIDGE TERRACE: Plot and Title Map

2 CORBRIDGE TERRACE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 CORBRIDGE TERRACE, 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 2 CORBRIDGE TERRACE). 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 2 CORBRIDGE TERRACE?

2 CORBRIDGE TERRACE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 2 on CORBRIDGE TERRACE.