3, THE CROFT, HEXHAM, NE46 3RL - £645,000

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 THE CROFT is a very large extended detached house of 245m², built sometime between 2003 and 2006. It was last sold for £645,000 in June 2021, which was around 121% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 THE CROFT Sold Prices

Land registry data shows two sales for 3 THE CROFT 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 THE CROFT 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
2021 30 JUN	£645,000	£291,776	121% above HPI
2004 30 APR	£465,000	£186,418	149% above HPI

3 THE CROFT 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 THE CROFT sales from April 2004 and June 2021 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 2004 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the June 2021 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is 3 THE CROFT?

3 THE CROFT is 245m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 3 THE CROFT lies on this distribution: 93% of detached houses are smaller than 3 THE CROFT, and 7% of houses are larger. Note that EPC data is not available for all properties in Hexham.

3 THE CROFT: Plot and Title Map

3 THE CROFT sits on a plot of roughly 2.6 acres, or 10,541m². The below map shows the location of 3 THE CROFT, 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 THE CROFT). 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 THE CROFT?

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