4, CIRCLE PLACE, HEXHAM, NE46 3QA - £122,500

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

4 CIRCLE PLACE is a very small detached house of 53m², built sometime before 1900, which could now be worth an estimated £191,393. It was last sold for £122,500 in April 2005, which was around 47% below the average April 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 CIRCLE PLACE Sold Prices

Land registry data shows two sales for 4 CIRCLE PLACE 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 4 CIRCLE PLACE 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
2005 15 APR	£122,500	£230,281	47% below HPI
2003 28 FEB	£60,000	£149,351	60% below HPI

4 CIRCLE PLACE 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 4 CIRCLE PLACE sales from February 2003 and April 2005 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 February 2003 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the April 2005 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 4 CIRCLE PLACE be worth now?

4 CIRCLE PLACE might now be worth an estimated £191,393.

This is based on house price inflation of 56.2%, between April 2005 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 56.2% inflationary increase is applied to the most recent sale price for 4 CIRCLE PLACE of £122,500 on 15th April 2005. For the value to have increased from £122,500 to £191,393 over the twenty years and two months to February 2025, the following assumptions must hold true:

• The value of 4 CIRCLE PLACE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2005 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CIRCLE PLACE has not materially changed since April 2005.

How Large is 4 CIRCLE PLACE?

4 CIRCLE PLACE is 53m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 4 CIRCLE PLACE lies on this distribution: Less than 1% of detached houses houses are smaller than 4 CIRCLE PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hexham.

4 CIRCLE PLACE: Plot and Title Map

4 CIRCLE PLACE sits on a plot of roughly 0.008 of an acre, or 34m². The below map shows the location of 4 CIRCLE PLACE, 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 4 CIRCLE PLACE). 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 4 CIRCLE PLACE?

4 CIRCLE PLACE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 4 on CIRCLE PLACE.