12, THE CHASE, HEXHAM, NE46 2LU - £380,000

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

12 THE CHASE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £380,000 in February 2023, which was around 18% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

12 THE CHASE Sold Prices

Land registry data shows eight sales for 12 THE CHASE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the eight 12 THE CHASE 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 10 FEB	£380,000	£320,757	18% above HPI
2020 14 FEB	£290,000	£255,356	14% above HPI
2013 22 FEB	£285,000	£221,759	29% above HPI
2007 28 JUN	£306,000	£252,727	21% above HPI
2005 29 JUL	£304,000	£226,792	34% above HPI
2002 19 JUN	£182,500	£125,083	46% above HPI
2000 19 JUL	£132,000	£101,480	30% above HPI
1999 18 JAN	£127,000	£91,228	39% above HPI

12 THE CHASE 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 eight 12 THE CHASE sales between January 1999 and February 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 February 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 12 THE CHASE?

12 THE CHASE is 105m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 12 THE CHASE lies on this distribution: 21% of detached houses are smaller than 12 THE CHASE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hexham.

12 THE CHASE: Plot and Title Map

12 THE CHASE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 12 THE CHASE, 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 12 THE CHASE). 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 12 THE CHASE?

12 THE CHASE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 12 on THE CHASE.