2, SAWMILL COTTAGES, HEXHAM, NE46 1HD - £137,500

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 SAWMILL COTTAGES is a very small detached house of 59m², built sometime between 1900 and 1929. It was last sold for £137,500 in October 2022, which was around 58% below the average October 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

2 SAWMILL COTTAGES Sold Prices

Land registry data shows three sales for 2 SAWMILL COTTAGES 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 2 SAWMILL COTTAGES 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
2022 7 OCT	£137,500	£327,541	58% below HPI
2007 12 JAN	£117,500	£246,232	52% below HPI
2005 23 NOV	£78,380	£234,882	67% below HPI

2 SAWMILL COTTAGES 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 SAWMILL COTTAGES sales between November 2005 and October 2022 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 January 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2022 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 2 SAWMILL COTTAGES?

2 SAWMILL COTTAGES is 59m² according to the EPC inspection conducted in November 2021. 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 SAWMILL COTTAGES lies on this distribution: 1% of detached houses are smaller than 2 SAWMILL COTTAGES, and 99% of houses are larger. Note that EPC data is not available for all properties in Hexham.

2 SAWMILL COTTAGES: Plot and Title Map

2 SAWMILL COTTAGES sits on a plot of roughly 74.9 acres, or 303,214m². The below map shows the location of 2 SAWMILL COTTAGES, 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 SAWMILL COTTAGES). 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 SAWMILL COTTAGES?

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