4, TOW HOUSE GREEN, BARDON MILL, HEXHAM, NE47 7DT - £230,000

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 TOW HOUSE GREEN is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £320,530. It was last sold for £230,000 in June 2017, which was around 11% below the average June 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

4 TOW HOUSE GREEN Sold Prices

Land registry data shows three sales for 4 TOW HOUSE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 4 TOW HOUSE GREEN 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
2017 14 JUN	£230,000	£258,171	11% below HPI
2001 15 FEB	£91,000	£107,398	15% below HPI
1998 20 FEB	£76,650	£87,485	12% below HPI

4 TOW HOUSE GREEN 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 three 4 TOW HOUSE GREEN sales between February 1998 and June 2017 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 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 TOW HOUSE GREEN be worth now?

4 TOW HOUSE GREEN might now be worth an estimated £320,530.

This is based on house price inflation of 39.4%, between June 2017 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 39.4% inflationary increase is applied to the most recent sale price for 4 TOW HOUSE GREEN of £230,000 on 14th June 2017. For the value to have increased from £230,000 to £320,530 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 4 TOW HOUSE GREEN has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TOW HOUSE GREEN has not materially changed since June 2017.

How Large is 4 TOW HOUSE GREEN?

4 TOW HOUSE GREEN is 60m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redburn, and where 4 TOW HOUSE GREEN lies on this distribution: Less than 1% of detached houses houses are smaller than 4 TOW HOUSE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redburn.

4 TOW HOUSE GREEN: Plot and Title Map

4 TOW HOUSE GREEN sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 4 TOW HOUSE GREEN, 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 TOW HOUSE GREEN). 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 TOW HOUSE GREEN?

4 TOW HOUSE GREEN is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 4 on TOW HOUSE GREEN.