15, LAUREL ROAD, WOODLAND RISE, HEXHAM, NE46 1UQ - £340,000

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

15 LAUREL ROAD is a small detached house of 124m². It was last sold for £340,000 in April 2021, which was around 20% above the average April 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

15 LAUREL ROAD Sold Prices

Land registry data shows two sales for 15 LAUREL ROAD 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 15 LAUREL ROAD 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 23 APR	£340,000	£283,709	20% above HPI
2017 17 AUG	£354,995	£257,504	38% above HPI

15 LAUREL ROAD 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 15 LAUREL ROAD sales from August 2017 and April 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 August 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 15 LAUREL ROAD?

15 LAUREL ROAD is 124m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 15 LAUREL ROAD lies on this distribution: 37% of detached houses are smaller than 15 LAUREL ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Hexham.

15 LAUREL ROAD: Plot and Title Map

15 LAUREL ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 15 LAUREL ROAD, 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 15 LAUREL ROAD). 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 15 LAUREL ROAD?

15 LAUREL ROAD is located in WOODLAND RISE, in the NE46 postcode district. The below map shows the position of No. 15 on LAUREL ROAD.