BALATON, HIGHFORD LANE, HEXHAM, NE46 2DP - £340,000

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

BALATON is a large detached house of 179m², built sometime between 1950 and 1966. It was last sold for £340,000 in November 2018, which was around 32% above the average November 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

BALATON Sold Prices

Land registry data shows two sales for BALATON 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. Both of the two BALATON 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
2018 6 NOV	£340,000	£257,827	32% above HPI
2008 12 MAY	£313,750	£263,342	19% above HPI

BALATON 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 BALATON sales from May 2008 and November 2018 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 May 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2018 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is BALATON?

BALATON is 179m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where BALATON lies on this distribution: 78% of detached houses are smaller than BALATON, and 22% of houses are larger. Note that EPC data is not available for all properties in Hexham.

BALATON: Plot and Title Map

BALATON sits on a plot of roughly 8.3 acres, or 33,387m². The below map shows the location of BALATON, 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 BALATON). 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 BALATON?

BALATON is located on HIGHFORD LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of BALATON on HIGHFORD LANE.