3, STRAKER DRIVE, HEXHAM, NE46 2LT - £300,000

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 STRAKER DRIVE is a midsized extended detached house of 138m², built sometime between 1983 and 1990, which could now be worth an estimated £466,023. It was last sold for £300,000 in February 2013, which was around 31% above the average February 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

3 STRAKER DRIVE Sold Prices

Land registry data shows two sales for 3 STRAKER DRIVE 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 3 STRAKER DRIVE 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
2013 20 FEB	£300,000	£228,893	31% above HPI
2001 20 APR	£150,000	£107,346	40% above HPI

3 STRAKER DRIVE 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 3 STRAKER DRIVE sales from April 2001 and February 2013 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 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2013 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 STRAKER DRIVE be worth now?

3 STRAKER DRIVE might now be worth an estimated £466,023.

This is based on house price inflation of 55.3%, between February 2013 and December 2024, 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 55.3% inflationary increase is applied to the most recent sale price for 3 STRAKER DRIVE of £300,000 on 20th February 2013. For the value to have increased from £300,000 to £466,023 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 3 STRAKER DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STRAKER DRIVE has not materially changed since February 2013.

How Large is 3 STRAKER DRIVE?

3 STRAKER DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% 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 3 STRAKER DRIVE lies on this distribution: 54% of detached houses houses are smaller than 3 STRAKER DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Hexham.

3 STRAKER DRIVE: Plot and Title Map

3 STRAKER DRIVE sits on a plot of roughly 72.1 acres, or 291,676m². The below map shows the location of 3 STRAKER DRIVE, 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 STRAKER DRIVE). 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 STRAKER DRIVE?

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