16, IVESON ROAD, HEXHAM, NE46 2LX - £257,000

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

16 IVESON ROAD is a very small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £257,000 in May 2021, which was around 9% below the average May 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

16 IVESON ROAD Sold Prices

Land registry data shows five sales for 16 IVESON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 16 IVESON ROAD sales were for below 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 21 MAY	£257,000	£283,349	9% below HPI
2005 18 FEB	£210,000	£214,743	2% below HPI
2002 11 FEB	£118,600	£117,430	1% above HPI
1997 6 OCT	£80,000	£87,507	9% below HPI
1996 8 MAY	£75,000	£80,928	7% below HPI

16 IVESON 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 five 16 IVESON ROAD sales between May 1996 and May 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 February 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 IVESON ROAD?

16 IVESON ROAD is 95m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 16 IVESON ROAD lies on this distribution: 13% of detached houses are smaller than 16 IVESON ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Hexham.

16 IVESON ROAD: Plot and Title Map

16 IVESON ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 16 IVESON 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 16 IVESON 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 16 IVESON ROAD?

16 IVESON ROAD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 16 on IVESON ROAD.