22, LAUREL ROAD, WOODLAND RISE, HEXHAM, NE46 1UQ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 LAUREL ROAD is a small detached house of 115m², which could now be worth an estimated £405,714. It was last sold for £365,000 in May 2023, which was around 13% above the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

22 LAUREL ROAD Sold Prices

Land registry data shows two sales for 22 LAUREL ROAD 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 22 LAUREL ROAD 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
2023 12 MAY	£365,000	£323,684	13% above HPI
2017 1 SEP	£329,995	£266,330	24% above HPI

22 LAUREL ROAD 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 22 LAUREL ROAD sales from September 2017 and May 2023 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 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 22 LAUREL ROAD be worth now?

22 LAUREL ROAD might now be worth an estimated £405,714.

This is based on house price inflation of 11.2%, between May 2023 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for 22 LAUREL ROAD of £365,000 on 12th May 2023. For the value to have increased from £365,000 to £405,714 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 22 LAUREL ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LAUREL ROAD has not materially changed since May 2023.

How Large is 22 LAUREL ROAD?

22 LAUREL ROAD is 115m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 22 LAUREL ROAD lies on this distribution: 28% of detached houses houses are smaller than 22 LAUREL ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Hexham.

22 LAUREL ROAD: Plot and Title Map

22 LAUREL ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 22 LAUREL ROAD, 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 22 LAUREL ROAD). 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 22 LAUREL ROAD?

22 LAUREL ROAD is located in WOODLAND RISE, in the NE46 postcode district. The below map shows the position of No. 22 on LAUREL ROAD.