2, ASH CLOSE, HEXHAM, NE46 2RA - £260,000

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

2 ASH CLOSE is a very small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £260,000 in July 2018, which was about the average July 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

2 ASH CLOSE Sold Prices

Land registry data shows three sales for 2 ASH CLOSE 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. The three 2 ASH CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2018 6 JUL	£260,000	£259,376	Close to HPI
2002 20 SEP	£157,000	£137,828	14% above HPI
2001 12 JUL	£105,000	£110,740	5% below HPI

2 ASH CLOSE 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 2 ASH CLOSE sales between July 2001 and July 2018 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 September 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 ASH CLOSE?

2 ASH CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 2 ASH CLOSE lies on this distribution: 10% of detached houses are smaller than 2 ASH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hexham.

2 ASH CLOSE: Plot and Title Map

2 ASH CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 ASH CLOSE, 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 2 ASH CLOSE). 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 2 ASH CLOSE?

2 ASH CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 2 on ASH CLOSE.