8, QUEENSWAY, HEXHAM, NE46 3AJ - £240,000

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 QUEENSWAY is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £240,000 in December 2016, which was around 4% below the average December 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

8 QUEENSWAY Sold Prices

Land registry data shows two sales for 8 QUEENSWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 8 QUEENSWAY sales was for below the average price, whilst the other was 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
2016 16 DEC	£240,000	£250,607	4% below HPI
2000 17 MAR	£106,055	£96,231	10% above HPI

8 QUEENSWAY 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 two 8 QUEENSWAY sales from March 2000 and December 2016 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 March 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 QUEENSWAY?

8 QUEENSWAY is 92m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 QUEENSWAY lies on this distribution: 10% of detached houses are smaller than 8 QUEENSWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Hexham.

8 QUEENSWAY: Plot and Title Map

8 QUEENSWAY sits on a plot of roughly 4.1 acres, or 16,671m². The below map shows the location of 8 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

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