10, THE LEAZES, SHAWS LANE, HEXHAM, NE46 3BN - £535,000

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

10 THE LEAZES is a large detached house of 156m², built sometime between 1991 and 1995. It was last sold for £535,000 in January 2024, which was around 63% above the average January 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

10 THE LEAZES Sold Prices

Land registry data shows two sales for 10 THE LEAZES 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 10 THE LEAZES 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
2024 10 JAN	£535,000	£328,895	63% above HPI
2022 1 MAR	£550,000	£301,366	83% above HPI

10 THE LEAZES 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 10 THE LEAZES sales from March 2022 and January 2024 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 March 2022 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the January 2024 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 10 THE LEAZES?

10 THE LEAZES is 156m² according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 10 THE LEAZES lies on this distribution: 66% of detached houses are smaller than 10 THE LEAZES, and 34% of houses are larger. Note that EPC data is not available for all properties in Hexham.

10 THE LEAZES: Plot and Title Map

10 THE LEAZES sits on a plot of roughly 71.1 acres, or 287,889m². The below map shows the location of 10 THE LEAZES, 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 10 THE LEAZES). 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 10 THE LEAZES?

10 THE LEAZES is located on SHAWS LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of 10 THE LEAZES on SHAWS LANE.