5, FALCON GRANGE, BARDON MILL, HEXHAM, NE47 7DU - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FALCON GRANGE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £302,825. It was last sold for £230,000 in September 2018, which was around 16% below the average September 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was D.

5 FALCON GRANGE Sold Prices

Land registry data shows four sales for 5 FALCON GRANGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 5 FALCON GRANGE sales were for below 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
2018 11 SEP	£230,000	£273,265	16% below HPI
2006 13 APR	£212,500	£236,322	10% below HPI
2002 30 MAY	£120,000	£125,297	4% below HPI
1996 12 JUN	£67,000	£84,687	21% below HPI

5 FALCON GRANGE 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 four 5 FALCON GRANGE sales between June 1996 and September 2018 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 April 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 FALCON GRANGE be worth now?

5 FALCON GRANGE might now be worth an estimated £302,825.

This is based on house price inflation of 31.7%, between September 2018 and February 2025, 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 31.7% inflationary increase is applied to the most recent sale price for 5 FALCON GRANGE of £230,000 on 11th September 2018. For the value to have increased from £230,000 to £302,825 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FALCON GRANGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FALCON GRANGE has not materially changed since September 2018.

How Large is 5 FALCON GRANGE?

5 FALCON GRANGE is 112m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redburn, and where 5 FALCON GRANGE lies on this distribution: 50% of detached houses houses are smaller than 5 FALCON GRANGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Redburn.

5 FALCON GRANGE: Plot and Title Map

5 FALCON GRANGE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 5 FALCON GRANGE, 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 FALCON GRANGE). 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 FALCON GRANGE?

5 FALCON GRANGE is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 5 on FALCON GRANGE.