Tanglewood Lodge Marchburn Lane

    TANGLEWOOD LODGE, MARCHBURN LANE, RIDING MILL, NE44 6DN

    This detached freehold property on Marchburn Lane last sold in September 2021 for £910,000. Based on price growth in the NE44 district since then, its estimated current value is £1,141,667 — placing it in the 97th percentile nationally and the 90th percentile within NE44. The property covers 245 m² (2,637 sq ft), giving an estimated value of £4,660 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    245 m²

    (2,637 sq ft)

    Last Sale Price

    £910,000

    Sept 2021

    Estimated Valuation

    £1,141,667

    Est. £/m²

    £4,660/m²

    £433/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area245 m² (2,637 sq ft)
    EPC dateSept 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2021

    £910,000

    23 Jul 1998

    £290,000

    Key Metrics

    Estimated valuation£1,141,667
    Value per m² / sq ft£4,660/m² (£433/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE44 district percentile90th percentile
    National percentile97th percentile

    District Context — NE44

    NE44 covers the Hexham area and surrounding parishes in rural Northumberland, situated in the far north-east of England. It is a quieter, countryside-focused district with appeal to those seeking a slower pace of life away from urban centres.

    Average Property Price - NE44

    £687,187

    93

    National percentile

    Average Net Household Income - NE44

    £393

    0

    National percentile

    10-Year Annualised Price Growth - NE44

    6.4%

    98

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE44

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