4, SOUTH PARK, HEXHAM, NE46 1BT - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 SOUTH PARK is a very large extended semi-detached house of 310m², built sometime before 1900, which could now be worth an estimated £840,867. It was last sold for £565,000 in March 2016, which was around 319% above the average March 2016 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

4 SOUTH PARK Sold Prices

Land registry data shows two sales for 4 SOUTH PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 4 SOUTH PARK 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
2016 11 MAR	£565,000	£134,879	319% above HPI
1996 19 NOV	£157,000	£43,548	261% above HPI

4 SOUTH PARK 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 two 4 SOUTH PARK sales from November 1996 and March 2016 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 November 1996 sale was for 261% above the HPI. So the extrapolation line tracks at 261% above the HPI over time, until the March 2016 sale, where it rises to 319% above the HPI. The line then continues to track at 319% above the HPI.

What might 4 SOUTH PARK be worth now?

4 SOUTH PARK might now be worth an estimated £840,867.

This is based on house price inflation of 48.8%, between March 2016 and March 2025, 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 48.8% inflationary increase is applied to the most recent sale price for 4 SOUTH PARK of £565,000 on 11th March 2016. For the value to have increased from £565,000 to £840,867 over the nine years to March 2025, the following assumptions must hold true:

• The value of 4 SOUTH PARK has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The March 2016 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTH PARK has not materially changed since March 2016.

How Large is 4 SOUTH PARK?

4 SOUTH PARK is 310m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 4 SOUTH PARK lies on this distribution: 98% of semi-detached houses houses are smaller than 4 SOUTH PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Hexham.

4 SOUTH PARK: Plot and Title Map

4 SOUTH PARK sits on a plot of roughly 3.6 acres, or 14,432m². The below map shows the location of 4 SOUTH PARK, 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 SOUTH PARK). 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 SOUTH PARK?

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