83, LAUREL ROAD, WOODLAND RISE, HEXHAM, NE46 1UQ - £293,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 LAUREL ROAD is a very small semi-detached house of 97m², built in 2018, which could now be worth an estimated £350,712. It was last sold for £293,000 in September 2021, which was around 80% above the average September 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

83 LAUREL ROAD Sold Prices

Land registry data shows two sales for 83 LAUREL ROAD 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 83 LAUREL ROAD 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
2021 8 SEP	£293,000	£163,118	80% above HPI
2020 20 NOV	£293,495	£155,118	89% above HPI

83 LAUREL ROAD 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 83 LAUREL ROAD sales from November 2020 and September 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 November 2020 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the September 2021 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 83 LAUREL ROAD be worth now?

83 LAUREL ROAD might now be worth an estimated £350,712.

This is based on house price inflation of 19.7%, between September 2021 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 19.7% inflationary increase is applied to the most recent sale price for 83 LAUREL ROAD of £293,000 on 8th September 2021. For the value to have increased from £293,000 to £350,712 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 83 LAUREL ROAD has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 2021 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 83 LAUREL ROAD has not materially changed since September 2021.

How Large is 83 LAUREL ROAD?

83 LAUREL ROAD is 97m² according to the EPC inspection conducted in October 2021. 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 83 LAUREL ROAD lies on this distribution: 14% of semi-detached houses houses are smaller than 83 LAUREL ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Hexham.

83 LAUREL ROAD: Plot and Title Map

83 LAUREL ROAD sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 83 LAUREL ROAD, 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 83 LAUREL ROAD). 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 83 LAUREL ROAD?

83 LAUREL ROAD is located in WOODLAND RISE, in the NE46 postcode district. The below map shows the position of No. 83 on LAUREL ROAD.