47, LAUREL ROAD, WOODLAND RISE, HEXHAM, NE46 1UQ - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 LAUREL ROAD is a midsized detached house of 129m², built in 2016. It was last sold for £335,000 in March 2023, which was around 6% above the average March 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.

47 LAUREL ROAD Sold Prices

Land registry data shows two sales for 47 LAUREL ROAD 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 47 LAUREL ROAD 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
2023 27 MAR	£335,000	£315,492	6% above HPI
2019 29 NOV	£319,995	£254,611	26% above HPI

47 LAUREL ROAD 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 47 LAUREL ROAD sales from November 2019 and March 2023 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 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 47 LAUREL ROAD?

47 LAUREL ROAD is 129m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 47 LAUREL ROAD lies on this distribution: 45% of detached houses are smaller than 47 LAUREL ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Hexham.

47 LAUREL ROAD: Plot and Title Map

47 LAUREL ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 47 LAUREL ROAD, 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 47 LAUREL ROAD). 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 47 LAUREL ROAD?

47 LAUREL ROAD is located in WOODLAND RISE, in the NE46 postcode district. The below map shows the position of No. 47 on LAUREL ROAD.