7, TOW HOUSE GREEN, BARDON MILL, HEXHAM, NE47 7DT - £155,000

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

7 TOW HOUSE GREEN is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £155,000 in December 2014, which was around 34% below the average December 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

7 TOW HOUSE GREEN Sold Prices

Land registry data shows three sales for 7 TOW HOUSE GREEN 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 TOW HOUSE GREEN 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
2014 16 DEC	£155,000	£235,538	34% below HPI
1997 25 SEP	£68,500	£88,803	23% below HPI
1995 20 OCT	£52,000	£78,036	33% below HPI

7 TOW HOUSE GREEN 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 TOW HOUSE GREEN sales between October 1995 and December 2014 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 September 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 TOW HOUSE GREEN?

7 TOW HOUSE GREEN is 70m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where 7 TOW HOUSE GREEN lies on this distribution: 4% of detached houses are smaller than 7 TOW HOUSE GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Redburn.

7 TOW HOUSE GREEN: Plot and Title Map

7 TOW HOUSE GREEN sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 7 TOW HOUSE GREEN, 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 TOW HOUSE GREEN). 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 TOW HOUSE GREEN?

7 TOW HOUSE GREEN is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 7 on TOW HOUSE GREEN.