8, HOLLY CLOSE, HEXHAM, NE46 2RF - £278,000

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

8 HOLLY CLOSE is a small extended detached house of 118m², built sometime between 2003 and 2006. It was last sold for £278,000 in February 2021, which was around 2% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

8 HOLLY CLOSE Sold Prices

Land registry data shows three sales for 8 HOLLY 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 8 HOLLY CLOSE 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
2021 26 FEB	£278,000	£283,940	2% below HPI
2006 21 DEC	£224,750	£246,253	9% below HPI
2000 20 APR	£94,000	£99,272	5% below HPI

8 HOLLY 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 8 HOLLY CLOSE sales between April 2000 and February 2021 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 HOLLY CLOSE?

8 HOLLY CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 8 HOLLY CLOSE lies on this distribution: 31% of detached houses are smaller than 8 HOLLY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hexham.

8 HOLLY CLOSE: Plot and Title Map

8 HOLLY CLOSE sits on a plot of roughly 18.8 acres, or 76,092m². The below map shows the location of 8 HOLLY 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 8 HOLLY 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 8 HOLLY CLOSE?

8 HOLLY CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 8 on HOLLY CLOSE.