1, NURSERY GRANGE, HEXHAM, NE46 2BY - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 NURSERY GRANGE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £355,000 in December 2021, which was around 25% above the average December 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

1 NURSERY GRANGE Sold Prices

Land registry data shows three sales for 1 NURSERY GRANGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 1 NURSERY GRANGE 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 9 DEC	£355,000	£284,168	25% above HPI
1997 14 NOV	£128,000	£87,543	46% above HPI
1996 15 JUL	£125,000	£83,384	50% above HPI

1 NURSERY GRANGE 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 three 1 NURSERY GRANGE sales between July 1996 and December 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 November 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the December 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 NURSERY GRANGE?

1 NURSERY GRANGE is 86m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 NURSERY GRANGE lies on this distribution: 7% of detached houses are smaller than 1 NURSERY GRANGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 NURSERY GRANGE: Plot and Title Map

1 NURSERY GRANGE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 1 NURSERY GRANGE, 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 NURSERY GRANGE). 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 NURSERY GRANGE?

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