1, REINS COURT, HEXHAM, NE46 3AU - £295,000

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 REINS COURT is a very small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £295,000 in September 2023, which was around 10% below the average September 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

1 REINS COURT Sold Prices

Land registry data shows two sales for 1 REINS COURT 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 REINS COURT sales were for below 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
2023 15 SEP	£295,000	£328,413	10% below HPI
2002 19 JUL	£110,000	£130,334	16% below HPI

1 REINS COURT 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 REINS COURT sales from July 2002 and September 2023 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 July 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 REINS COURT?

1 REINS COURT is 102m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 REINS COURT lies on this distribution: 17% of detached houses are smaller than 1 REINS COURT, and 82% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 REINS COURT: Plot and Title Map

1 REINS COURT sits on a plot of roughly 71.1 acres, or 287,889m². The below map shows the location of 1 REINS COURT, 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 REINS COURT). 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 REINS COURT?

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