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
9 IVESON ROAD is a very small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £280,000 in August 2021, which was around 4% below the average August 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 9 IVESON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 9 IVESON ROAD 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 31 AUG | £280,000 | £290,646 | 4% below HPI |
2018 31 AUG | £266,750 | £262,254 | 2% above HPI |
2016 5 JUL | £244,000 | £248,789 | 2% below HPI |
2009 3 AUG | £230,000 | £234,553 | 2% below HPI |
2000 5 OCT | £94,000 | £105,746 | 11% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 9 IVESON ROAD sales between October 2000 and August 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 August 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
9 IVESON ROAD is 100m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 9 IVESON ROAD lies on this distribution: 16% of detached houses are smaller than 9 IVESON ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Hexham.
9 IVESON ROAD sits on a plot of roughly 104.2 acres, or 421,566m². The below map shows the location of 9 IVESON 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 9 IVESON 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.
9 IVESON ROAD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 9 on IVESON ROAD.