21, OAK CLOSE, HEXHAM, NE46 2RE - £214,000

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

21 OAK CLOSE is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £214,000 in September 2014, which was around 10% below the average September 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

21 OAK CLOSE Sold Prices

Land registry data shows two sales for 21 OAK 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. One of the two 21 OAK CLOSE sales was for below the average price, whilst the other was 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
2014 17 SEP	£214,000	£237,933	10% below HPI
1999 22 APR	£100,000	£90,776	10% above HPI

21 OAK 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 21 OAK CLOSE sales from April 1999 and September 2014 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 April 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 21 OAK CLOSE?

21 OAK CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in April 2013. 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 21 OAK CLOSE lies on this distribution: 7% of detached houses are smaller than 21 OAK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hexham.

21 OAK CLOSE: Plot and Title Map

21 OAK CLOSE sits on a plot of roughly 18.8 acres, or 76,092m². The below map shows the location of 21 OAK 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 21 OAK 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 21 OAK CLOSE?

21 OAK CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 21 on OAK CLOSE.