7, LEAZES LANE, HEXHAM, NE46 3BA - £277,500

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 LEAZES LANE is a very small extended semi-detached house of 95m², built sometime before 1900, which could now be worth an estimated £419,507. It was last sold for £277,500 in January 2011, which was around 115% above the average January 2011 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

7 LEAZES LANE Sold Prices

Land registry data shows two sales for 7 LEAZES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 LEAZES LANE 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
2011 12 JAN	£277,500	£129,154	115% above HPI
1998 16 OCT	£80,000	£49,128	63% above HPI

7 LEAZES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 7 LEAZES LANE sales from October 1998 and January 2011 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 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2011 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 7 LEAZES LANE be worth now?

7 LEAZES LANE might now be worth an estimated £419,507.

This is based on house price inflation of 51.2%, between January 2011 and February 2025, for semi-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 51.2% inflationary increase is applied to the most recent sale price for 7 LEAZES LANE of £277,500 on 12th January 2011. For the value to have increased from £277,500 to £419,507 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 LEAZES LANE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2011 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 LEAZES LANE has not materially changed since January 2011.

How Large is 7 LEAZES LANE?

7 LEAZES LANE is 95m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hexham, and where 7 LEAZES LANE lies on this distribution: 13% of semi-detached houses houses are smaller than 7 LEAZES LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hexham.

7 LEAZES LANE: Plot and Title Map

7 LEAZES LANE sits on a plot of roughly 9.8 acres, or 39,489m². The below map shows the location of 7 LEAZES LANE, 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 LEAZES LANE). 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 LEAZES LANE?

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