41, LEAZES PARK, HEXHAM, NE46 3AY - £355,000

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

41 LEAZES PARK is a midsized extended detached house of 139m², built sometime between 1976 and 1982, which could now be worth an estimated £421,194. It was last sold for £355,000 in September 2021, which was around 18% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

41 LEAZES PARK Sold Prices

Land registry data shows three sales for 41 LEAZES PARK 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 41 LEAZES 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
2021 30 SEP	£355,000	£299,685	18% above HPI
2003 18 JUN	£234,000	£168,743	39% above HPI
1999 26 MAR	£122,500	£92,386	33% above HPI

41 LEAZES PARK 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 41 LEAZES PARK sales between March 1999 and September 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 June 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 41 LEAZES PARK be worth now?

41 LEAZES PARK might now be worth an estimated £421,194.

This is based on house price inflation of 18.6%, between September 2021 and December 2024, 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 18.6% inflationary increase is applied to the most recent sale price for 41 LEAZES PARK of £355,000 on 30th September 2021. For the value to have increased from £355,000 to £421,194 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 41 LEAZES PARK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LEAZES PARK has not materially changed since September 2021.

How Large is 41 LEAZES PARK?

41 LEAZES PARK is 139m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 41 LEAZES PARK lies on this distribution: 55% of detached houses houses are smaller than 41 LEAZES PARK, and 45% of houses are larger. Note that EPC data is not available for all properties in Hexham.

41 LEAZES PARK: Plot and Title Map

41 LEAZES PARK sits on a plot of roughly 2.1 acres, or 8,484m². The below map shows the location of 41 LEAZES 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 41 LEAZES 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 41 LEAZES PARK?

41 LEAZES PARK is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 41 on LEAZES PARK.