Back in 2012 I mentioned that if A=1, B=2, C=3, etc., then ARM + BEND = ELBOW and KING + CHAIR = THRONE.
Peter Dawyndt of Ghent University challenged his students to come up with more, and they found these:
WHITE (65) + HOUSE (68) = GOVERNMENT (133)
PETER (64) + PAN (31) = NEVERLAND (95)
COMIC (43) + BOOK (43) = FANTASY (86)
ABSENT (61) + MINDED (49) = FORGETFUL (110)
BLOOD (48) + BATH (31) = MASSACRE (79)
DRUG (50) + ADDICT (41) = STONER (91)
MICRO (58) + SOFT (60) = COMPUTING (118)
RED (27) + BULL (47) = COCKTAIL (74)