7, COULSON CLOSE, HEXHAM, NE46 2PR - £415,000

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

7 COULSON CLOSE is a large extended detached house of 162m², built sometime between 1991 and 1995, which could now be worth an estimated £447,988. It was last sold for £415,000 in February 2024, which was around 26% above the average February 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was A.

7 COULSON CLOSE Sold Prices

Land registry data shows three sales for 7 COULSON CLOSE 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 7 COULSON 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
2024 16 FEB	£415,000	£329,383	26% above HPI
1997 12 DEC	£149,950	£88,975	69% above HPI
1995 25 OCT	£135,000	£80,546	68% above HPI

7 COULSON CLOSE 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 7 COULSON CLOSE sales between October 1995 and February 2024 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 December 1997 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2024 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 7 COULSON CLOSE be worth now?

7 COULSON CLOSE might now be worth an estimated £447,988.

This is based on house price inflation of 7.9%, between February 2024 and December 2024, 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 7.9% inflationary increase is applied to the most recent sale price for 7 COULSON CLOSE of £415,000 on 16th February 2024. For the value to have increased from £415,000 to £447,988 over the two months to December 2024, the following assumptions must hold true:

• The value of 7 COULSON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COULSON CLOSE has not materially changed since February 2024.

How Large is 7 COULSON CLOSE?

7 COULSON CLOSE is 162m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 7 COULSON CLOSE lies on this distribution: 68% of detached houses houses are smaller than 7 COULSON CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hexham.

7 COULSON CLOSE: Plot and Title Map

7 COULSON CLOSE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 7 COULSON 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 7 COULSON 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 7 COULSON CLOSE?

7 COULSON CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 7 on COULSON CLOSE.