5, CRANESHAUGH CLOSE, HEXHAM, NE46 2PG - £196,000

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

5 CRANESHAUGH CLOSE is a small semi-detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £241,422. It was last sold for £196,000 in December 2021, which was around 25% above the average December 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 CRANESHAUGH CLOSE Sold Prices

Land registry data shows six sales for 5 CRANESHAUGH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the six 5 CRANESHAUGH CLOSE 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 15 DEC	£196,000	£157,018	25% above HPI
2021 30 SEP	£196,000	£163,118	20% above HPI
2014 31 JUL	£205,000	£130,258	57% above HPI
2007 30 MAR	£200,000	£140,227	43% above HPI
2000 24 AUG	£83,500	£53,468	56% above HPI
1995 20 OCT	£73,000	£41,630	75% above HPI

5 CRANESHAUGH CLOSE 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 six 5 CRANESHAUGH CLOSE sales between October 1995 and December 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 September 2021 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 CRANESHAUGH CLOSE be worth now?

5 CRANESHAUGH CLOSE might now be worth an estimated £241,422.

This is based on house price inflation of 23.2%, between December 2021 and December 2024, 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 23.2% inflationary increase is applied to the most recent sale price for 5 CRANESHAUGH CLOSE of £196,000 on 15th December 2021. For the value to have increased from £196,000 to £241,422 over the three years to December 2024, the following assumptions must hold true:

• The value of 5 CRANESHAUGH CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The December 2021 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRANESHAUGH CLOSE has not materially changed since December 2021.

How Large is 5 CRANESHAUGH CLOSE?

5 CRANESHAUGH CLOSE is 118m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 5 CRANESHAUGH CLOSE lies on this distribution: 31% of semi-detached houses houses are smaller than 5 CRANESHAUGH CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hexham.

5 CRANESHAUGH CLOSE: Plot and Title Map

5 CRANESHAUGH CLOSE sits on a plot of roughly 21.3 acres, or 86,193m². The below map shows the location of 5 CRANESHAUGH CLOSE, 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 5 CRANESHAUGH CLOSE). 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 5 CRANESHAUGH CLOSE?

5 CRANESHAUGH CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 5 on CRANESHAUGH CLOSE.