IVY COTTAGE, MAIN STREET, CORBRIDGE, NE45 5LE - £870,000

IVY COTTAGE is a large extended detached house of 186m², built sometime before 1900. It was last sold for £870,000 in November 2016, which was around 247% above the average November 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY COTTAGE 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 IVY COTTAGE 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
2016 30 NOV	£870,000	£251,069	247% above HPI
2003 27 JUN	£435,000	£163,484	166% above HPI

IVY COTTAGE 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 IVY COTTAGE sales from June 2003 and November 2016 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 2003 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the November 2016 sale, where it rises to 247% above the HPI. The line then continues to track at 247% above the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 186m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where IVY COTTAGE lies on this distribution: 76% of detached houses are smaller than IVY COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of IVY COTTAGE, 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 IVY COTTAGE). 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 IVY COTTAGE?

IVY COTTAGE is located on MAIN STREET in CORBRIDGE, in the NE45 postcode district. The below map shows the position of IVY COTTAGE on MAIN STREET.