8, FALCON GRANGE, BARDON MILL, HEXHAM, NE47 7DU - £270,000

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

8 FALCON GRANGE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £270,000 in August 2024, which was around 23% below the average August 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 FALCON GRANGE Sold Prices

Land registry data shows three sales for 8 FALCON GRANGE 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 8 FALCON GRANGE 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
2024 23 AUG	£270,000	£352,033	23% below HPI
2017 16 JUN	£215,000	£250,125	14% below HPI
2004 22 SEP	£154,000	£219,206	30% below HPI

8 FALCON GRANGE 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 8 FALCON GRANGE sales between September 2004 and August 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 June 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 FALCON GRANGE?

8 FALCON GRANGE is 103m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where 8 FALCON GRANGE lies on this distribution: 39% of detached houses are smaller than 8 FALCON GRANGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Redburn.

8 FALCON GRANGE: Plot and Title Map

8 FALCON GRANGE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 8 FALCON GRANGE, 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 8 FALCON GRANGE). 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 8 FALCON GRANGE?

8 FALCON GRANGE is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 8 on FALCON GRANGE.