3, CRANESHAUGH CLOSE, HEXHAM, NE46 2PG - £203,000

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

3 CRANESHAUGH CLOSE is a very small extended semi-detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £292,795. It was last sold for £203,000 in June 2010, which was around 51% above the average June 2010 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

3 CRANESHAUGH CLOSE Sold Prices

Land registry data shows three sales for 3 CRANESHAUGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 3 CRANESHAUGH 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
2010 17 JUN	£203,000	£134,092	51% above HPI
2009 3 JUL	£184,500	£131,384	40% above HPI
2007 30 NOV	£195,000	£148,298	31% above HPI

3 CRANESHAUGH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 3 CRANESHAUGH CLOSE sales between November 2007 and June 2010 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 July 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2010 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 CRANESHAUGH CLOSE be worth now?

3 CRANESHAUGH CLOSE might now be worth an estimated £292,795.

This is based on house price inflation of 44.2%, between June 2010 and December 2024, for semi-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 44.2% inflationary increase is applied to the most recent sale price for 3 CRANESHAUGH CLOSE of £203,000 on 17th June 2010. For the value to have increased from £203,000 to £292,795 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 3 CRANESHAUGH CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The June 2010 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CRANESHAUGH CLOSE has not materially changed since June 2010.

How Large is 3 CRANESHAUGH CLOSE?

3 CRANESHAUGH CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of semi-detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hexham, and where 3 CRANESHAUGH CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 3 CRANESHAUGH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hexham.

3 CRANESHAUGH CLOSE: Plot and Title Map

3 CRANESHAUGH CLOSE sits on a plot of roughly 21.3 acres, or 86,193m². The below map shows the location of 3 CRANESHAUGH 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 3 CRANESHAUGH 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 3 CRANESHAUGH CLOSE?

3 CRANESHAUGH CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 3 on CRANESHAUGH CLOSE.