1, THE HOLLOW, ASHINGTON, NE63 9UU - £398,000

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 THE HOLLOW is a very large detached house of 235m², built sometime between 1996 and 2002. It was last sold for £398,000 in August 2023, which was around 21% above the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

1 THE HOLLOW Sold Prices

Land registry data shows two sales for 1 THE HOLLOW 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 THE HOLLOW 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
2023 21 AUG	£398,000	£328,157	21% above HPI
1997 14 NOV	£125,000	£87,543	43% above HPI

1 THE HOLLOW 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 THE HOLLOW sales from November 1997 and August 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 November 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 THE HOLLOW?

1 THE HOLLOW is 235m² according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 1 THE HOLLOW lies on this distribution: 99% of detached houses are smaller than 1 THE HOLLOW, and 1% of houses are larger. Note that EPC data is not available for all properties in Ashington.

1 THE HOLLOW: Plot and Title Map

1 THE HOLLOW sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 1 THE HOLLOW, 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 THE HOLLOW). 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 THE HOLLOW?

1 THE HOLLOW is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 1 on THE HOLLOW.