51, PETH HEAD, HEXHAM, NE46 1HH - £138,000

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

51 PETH HEAD is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £138,000 in December 2017, which was around 46% below the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

51 PETH HEAD Sold Prices

Land registry data shows two sales for 51 PETH HEAD 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 51 PETH HEAD 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
2017 1 DEC	£138,000	£255,103	46% below HPI
1996 29 NOV	£47,000	£82,093	43% below HPI

51 PETH HEAD 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 51 PETH HEAD sales from November 1996 and December 2017 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 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2017 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 51 PETH HEAD?

51 PETH HEAD is 83m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 51 PETH HEAD lies on this distribution: 6% of detached houses are smaller than 51 PETH HEAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Hexham.

51 PETH HEAD: Plot and Title Map

51 PETH HEAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 51 PETH HEAD, 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 51 PETH HEAD). 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 51 PETH HEAD?

51 PETH HEAD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 51 on PETH HEAD.