5, HEDGEROW MEWS, ASHINGTON, NE63 8LH - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HEDGEROW MEWS is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £310,000 in January 2023, which was around 4% below the average January 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

5 HEDGEROW MEWS Sold Prices

Land registry data shows three sales for 5 HEDGEROW MEWS 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 5 HEDGEROW MEWS 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
2023 11 JAN	£310,000	£321,320	4% below HPI
2022 1 JUL	£300,000	£307,775	3% below HPI
2021 6 AUG	£199,950	£290,646	31% below HPI

5 HEDGEROW MEWS 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 5 HEDGEROW MEWS sales between August 2021 and January 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 July 2022 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 HEDGEROW MEWS?

5 HEDGEROW MEWS is 81m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 5 HEDGEROW MEWS lies on this distribution: 13% of detached houses are smaller than 5 HEDGEROW MEWS, and 87% of houses are larger. Note that EPC data is not available for all properties in Ashington.

5 HEDGEROW MEWS: Plot and Title Map

5 HEDGEROW MEWS sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 5 HEDGEROW MEWS, 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 HEDGEROW MEWS). 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 HEDGEROW MEWS?

5 HEDGEROW MEWS is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 5 on HEDGEROW MEWS.