14, SHAFTOE LEAZES, HEXHAM, NE46 3DW - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 SHAFTOE LEAZES is a very large detached house of 254m², built sometime between 1900 and 1929, which could now be worth an estimated £504,247. It was last sold for £425,000 in September 2021, which was around 42% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

14 SHAFTOE LEAZES Sold Prices

Land registry data shows three sales for 14 SHAFTOE LEAZES 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 14 SHAFTOE 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
2021 17 SEP	£425,000	£299,685	42% above HPI
2007 20 JUL	£385,000	£267,300	44% above HPI
2003 5 AUG	£300,000	£180,005	67% above HPI

14 SHAFTOE 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 three 14 SHAFTOE LEAZES sales between August 2003 and September 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 July 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 14 SHAFTOE LEAZES be worth now?

14 SHAFTOE LEAZES might now be worth an estimated £504,247.

This is based on house price inflation of 18.6%, between September 2021 and December 2024, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 14 SHAFTOE LEAZES of £425,000 on 17th September 2021. For the value to have increased from £425,000 to £504,247 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 SHAFTOE LEAZES has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHAFTOE LEAZES has not materially changed since September 2021.

How Large is 14 SHAFTOE LEAZES?

14 SHAFTOE LEAZES is 254m² according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 14 SHAFTOE LEAZES lies on this distribution: 94% of detached houses houses are smaller than 14 SHAFTOE LEAZES, and 5% of houses are larger. Note that EPC data is not available for all properties in Hexham.

14 SHAFTOE LEAZES: Plot and Title Map

14 SHAFTOE LEAZES sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 14 SHAFTOE 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 14 SHAFTOE 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 14 SHAFTOE LEAZES?

14 SHAFTOE LEAZES is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 14 on SHAFTOE LEAZES.