9, HALLGARTH CLOSE, CORBRIDGE, NE45 5BS - £395,000

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.

9 HALLGARTH CLOSE is a large terraced house of 183m², built sometime between 2003 and 2006, which could now be worth an estimated £562,201. It was last sold for £395,000 in June 2015, which was around 258% above the average June 2015 terraced price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

9 HALLGARTH CLOSE Sold Prices

Land registry data shows two sales for 9 HALLGARTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 9 HALLGARTH CLOSE 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 29 JUN	£395,000	£110,318	258% above HPI
2007 31 AUG	£395,000	£127,047	211% above HPI

9 HALLGARTH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 9 HALLGARTH CLOSE sales from August 2007 and June 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 August 2007 sale was for 211% above the HPI. So the extrapolation line tracks at 211% above the HPI over time, until the June 2015 sale, where it rises to 258% above the HPI. The line then continues to track at 258% above the HPI.

What might 9 HALLGARTH CLOSE be worth now?

9 HALLGARTH CLOSE might now be worth an estimated £562,201.

This is based on house price inflation of 42.3%, between June 2015 and June 2025, for terraced 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 42.3% inflationary increase is applied to the most recent sale price for 9 HALLGARTH CLOSE of £395,000 on 29th June 2015. For the value to have increased from £395,000 to £562,201 over the ten years to June 2025, the following assumptions must hold true:

• The value of 9 HALLGARTH CLOSE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The June 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HALLGARTH CLOSE has not materially changed since June 2015.

How Large is 9 HALLGARTH CLOSE?

9 HALLGARTH CLOSE is 183m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of terraced houses houses in Corbridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Corbridge, and where 9 HALLGARTH CLOSE lies on this distribution: 77% of terraced houses houses are smaller than 9 HALLGARTH CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

9 HALLGARTH CLOSE: Plot and Title Map

9 HALLGARTH CLOSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 9 HALLGARTH CLOSE, 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 9 HALLGARTH CLOSE). 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 9 HALLGARTH CLOSE?

9 HALLGARTH CLOSE is located in CORBRIDGE, in the NE45 postcode district. The below map shows the position of No. 9 on HALLGARTH CLOSE.