1, LEAZES PARK, HEXHAM, NE46 3AX - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LEAZES PARK is a very large extended detached house of 316m², built sometime between 1950 and 1966. It was last sold for £460,000 in June 2015, which was around 94% above the average June 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

1 LEAZES PARK Sold Prices

Land registry data shows two sales for 1 LEAZES PARK 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 1 LEAZES PARK 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
2015 9 JUN	£460,000	£237,055	94% above HPI
1999 13 APR	£210,000	£90,776	131% above HPI

1 LEAZES PARK 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 1 LEAZES PARK sales from April 1999 and June 2015 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 1999 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the June 2015 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 1 LEAZES PARK?

1 LEAZES PARK is 316m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 1 LEAZES PARK lies on this distribution: 98% of detached houses are smaller than 1 LEAZES PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 LEAZES PARK: Plot and Title Map

1 LEAZES PARK sits on a plot of roughly 3.4 acres, or 13,895m². The below map shows the location of 1 LEAZES PARK, 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 1 LEAZES PARK). 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 1 LEAZES PARK?

1 LEAZES PARK is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 1 on LEAZES PARK.