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
5 ELVASTON GROVE is a large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £325,000 in October 2016, which was around 30% above the average October 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 ELVASTON GROVE since 1st 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 5 ELVASTON GROVE 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 |
---|---|---|---|
2016 17 OCT | £325,000 | £249,591 | 30% above HPI |
2000 16 OCT | £170,000 | £105,746 | 61% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 5 ELVASTON GROVE sales from October 2000 and October 2016 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 October 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
5 ELVASTON GROVE is 161m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 5 ELVASTON GROVE lies on this distribution: 68% of detached houses are smaller than 5 ELVASTON GROVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hexham.
5 ELVASTON GROVE sits on a plot of roughly 87.2 acres, or 352,960m². The below map shows the location of 5 ELVASTON GROVE, 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 ELVASTON GROVE). 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.
5 ELVASTON GROVE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 5 on ELVASTON GROVE.