SPRINGFIELD HOUSE, SPOUTWELL LANE, CORBRIDGE, NE45 5LF - £5,800,000

SPRINGFIELD HOUSE is a very large extended detached house of 754m², built sometime before 1900. It was last sold for £5,800,000 in November 2021, which was around 1881% above the average November 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD HOUSE Sold Prices

Land registry data shows two sales for SPRINGFIELD HOUSE 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 SPRINGFIELD HOUSE 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
2021 26 NOV	£5,800,000	£292,739	1881% above HPI
2014 17 APR	£3,650,000	£230,749	1482% above HPI

SPRINGFIELD HOUSE 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 SPRINGFIELD HOUSE sales from April 2014 and November 2021 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 April 2014 sale was for 1482% above the HPI. So the extrapolation line tracks at 1482% above the HPI over time, until the November 2021 sale, where it rises to 1881% above the HPI. The line then continues to track at 1881% above the HPI.

How Large is SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is 754m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Corbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Corbridge, and where SPRINGFIELD HOUSE lies on this distribution: More than 99% of detached houses are smaller than SPRINGFIELD HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Corbridge.

SPRINGFIELD HOUSE: Plot and Title Map

SPRINGFIELD HOUSE sits on a plot of roughly 2.8 acres, or 11,283m². The below map shows the location of SPRINGFIELD HOUSE, 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 SPRINGFIELD HOUSE). 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 SPRINGFIELD HOUSE?

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