18, THE CHASE, HEXHAM, NE46 2LU - £350,000

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

18 THE CHASE is a large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £350,000 in June 2012, which was around 54% above the average June 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

18 THE CHASE Sold Prices

Land registry data shows four sales for 18 THE CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 18 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
2012 7 JUN	£350,000	£227,349	54% above HPI
2007 5 JUN	£340,000	£252,727	35% above HPI
1998 29 JUN	£127,500	£89,212	43% above HPI
1997 30 JUN	£126,000	£88,039	43% above HPI

18 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 four 18 THE CHASE sales between June 1997 and June 2012 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 June 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2012 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 18 THE CHASE?

18 THE CHASE is 154m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 18 THE CHASE lies on this distribution: 64% of detached houses are smaller than 18 THE CHASE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hexham.

18 THE CHASE: Plot and Title Map

18 THE CHASE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 18 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 18 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 18 THE CHASE?

18 THE CHASE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 18 on THE CHASE.