40, BOWMAN DRIVE, HEXHAM, NE46 3BU - £485,000

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

40 BOWMAN DRIVE is a large detached house of 175m², built sometime between 2003 and 2006. It was last sold for £485,000 in October 2022, which was around 48% above the average October 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

40 BOWMAN DRIVE Sold Prices

Land registry data shows two sales for 40 BOWMAN 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 40 BOWMAN 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
2022 17 OCT	£485,000	£327,541	48% above HPI
2006 12 MAY	£365,000	£235,320	55% above HPI

40 BOWMAN 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 40 BOWMAN DRIVE sales from May 2006 and October 2022 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 May 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 40 BOWMAN DRIVE?

40 BOWMAN DRIVE is 175m² according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 40 BOWMAN DRIVE lies on this distribution: 76% of detached houses are smaller than 40 BOWMAN DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hexham.

40 BOWMAN DRIVE: Plot and Title Map

40 BOWMAN DRIVE sits on a plot of roughly 50.2 acres, or 202,965m². The below map shows the location of 40 BOWMAN 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 40 BOWMAN 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 40 BOWMAN DRIVE?

40 BOWMAN DRIVE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 40 on BOWMAN DRIVE.