3, HOLLY CLOSE, HEXHAM, NE46 2RF - £320,000

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

3 HOLLY CLOSE is a small detached house of 125m², built sometime between 1983 and 1990. It was last sold for £320,000 in April 2024, which was around 2% above the average April 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

3 HOLLY CLOSE Sold Prices

Land registry data shows six sales for 3 HOLLY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the six 3 HOLLY CLOSE 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
2024 18 APR	£320,000	£315,049	2% above HPI
2007 22 JUN	£225,000	£252,727	11% below HPI
2004 1 JUN	£194,500	£198,258	2% below HPI
2001 8 JUN	£100,000	£110,088	9% below HPI
1999 12 NOV	£98,500	£100,470	2% below HPI
1997 18 NOV	£79,000	£87,543	10% below HPI

3 HOLLY 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 six 3 HOLLY CLOSE sales between November 1997 and April 2024 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 HOLLY CLOSE?

3 HOLLY CLOSE is 125m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 3 HOLLY CLOSE lies on this distribution: 40% of detached houses are smaller than 3 HOLLY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hexham.

3 HOLLY CLOSE: Plot and Title Map

3 HOLLY CLOSE sits on a plot of roughly 18.8 acres, or 76,092m². The below map shows the location of 3 HOLLY 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 HOLLY 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 HOLLY CLOSE?

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