KEEPERS COTTAGE, SPOUTWELL LANE, CORBRIDGE, NE45 5LF - £765,000

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.

KEEPERS COTTAGE is a midsized extended detached house of 152m², built sometime before 1900, which could now be worth an estimated £1,010,930. It was last sold for £765,000 in February 2020, which was around 190% above the average February 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

KEEPERS COTTAGE Sold Prices

Land registry data shows four sales for KEEPERS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four KEEPERS 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
2020 21 FEB	£765,000	£263,571	190% above HPI
2006 21 JUL	£540,000	£249,670	116% above HPI
2003 5 SEP	£420,000	£184,192	128% above HPI
1995 24 JUL	£138,000	£83,870	65% above HPI

KEEPERS 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 four KEEPERS COTTAGE sales between July 1995 and February 2020 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 2006 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the February 2020 sale, where it rises to 190% above the HPI. The line then continues to track at 190% above the HPI.

What might KEEPERS COTTAGE be worth now?

KEEPERS COTTAGE might now be worth an estimated £1,010,930.

This is based on house price inflation of 32.1%, between February 2020 and June 2025, for 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 32.1% inflationary increase is applied to the most recent sale price for KEEPERS COTTAGE of £765,000 on 21st February 2020. For the value to have increased from £765,000 to £1,010,930 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of KEEPERS COTTAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2020 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of KEEPERS COTTAGE has not materially changed since February 2020.

How Large is KEEPERS COTTAGE?

KEEPERS COTTAGE is 152m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corbridge, and where KEEPERS COTTAGE lies on this distribution: 58% of detached houses houses are smaller than KEEPERS COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

KEEPERS COTTAGE: Plot and Title Map

KEEPERS COTTAGE sits on a plot of roughly 3.2 acres, or 12,860m². The below map shows the location of KEEPERS 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 KEEPERS 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 KEEPERS COTTAGE?

KEEPERS COTTAGE is located on SPOUTWELL LANE in CORBRIDGE, in the NE45 postcode district. The below map shows the position of KEEPERS COTTAGE on SPOUTWELL LANE.