16, SOUTHLANDS, HEXHAM, NE46 2NG - £218,000

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

16 SOUTHLANDS is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £218,000 in February 2020, which was around 15% below the average February 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was B.

16 SOUTHLANDS Sold Prices

Land registry data shows three sales for 16 SOUTHLANDS 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 16 SOUTHLANDS 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
2020 14 FEB	£218,000	£255,356	15% below HPI
2017 19 OCT	£198,500	£258,166	23% below HPI
1997 21 FEB	£69,000	£83,993	18% below HPI

16 SOUTHLANDS 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 16 SOUTHLANDS sales between February 1997 and February 2020 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 October 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 SOUTHLANDS?

16 SOUTHLANDS is 67m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 SOUTHLANDS lies on this distribution: 1% of detached houses are smaller than 16 SOUTHLANDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Hexham.

16 SOUTHLANDS: Plot and Title Map

16 SOUTHLANDS sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 16 SOUTHLANDS, 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 SOUTHLANDS). 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 SOUTHLANDS?

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