2, PERCY CLOSE, HEXHAM, NE46 2JD - £400,000

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 PERCY CLOSE is a very large extended detached house of 192m², built sometime between 1991 and 1995. It was last sold for £400,000 in August 2021, which was around 38% above the average August 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

2 PERCY CLOSE Sold Prices

Land registry data shows two sales for 2 PERCY CLOSE 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 2 PERCY CLOSE 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 31 AUG	£400,000	£290,646	38% above HPI
1996 16 FEB	£117,500	£77,059	52% above HPI

2 PERCY 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 two 2 PERCY CLOSE sales from February 1996 and August 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 1996 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 PERCY CLOSE?

2 PERCY CLOSE is 192m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 2 PERCY CLOSE lies on this distribution: 82% of detached houses are smaller than 2 PERCY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hexham.

2 PERCY CLOSE: Plot and Title Map

2 PERCY CLOSE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 2 PERCY 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 PERCY 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 PERCY CLOSE?

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