BEECHWAYS, SHAWS LANE, HEXHAM, NE46 3AR - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BEECHWAYS is a small extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £494,347. It was last sold for £355,000 in November 2006, which was around 39% above the average November 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

BEECHWAYS Sold Prices

Land registry data shows two sales for BEECHWAYS 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 BEECHWAYS 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
2006 2 NOV	£355,000	£255,338	39% above HPI
1997 8 AUG	£137,500	£91,815	50% above HPI

BEECHWAYS 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 BEECHWAYS sales from August 1997 and November 2006 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 1997 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2006 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might BEECHWAYS be worth now?

BEECHWAYS might now be worth an estimated £494,347.

This is based on house price inflation of 39.3%, between November 2006 and December 2024, for 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 39.3% inflationary increase is applied to the most recent sale price for BEECHWAYS of £355,000 on 2nd November 2006. For the value to have increased from £355,000 to £494,347 over the seventeen years and eleven months to December 2024, the following assumptions must hold true:

• The value of BEECHWAYS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2006 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of BEECHWAYS has not materially changed since November 2006.

How Large is BEECHWAYS?

BEECHWAYS is 119m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where BEECHWAYS lies on this distribution: 32% of detached houses houses are smaller than BEECHWAYS, and 67% of houses are larger. Note that EPC data is not available for all properties in Hexham.

BEECHWAYS: Plot and Title Map

BEECHWAYS sits on a plot of roughly 0.252 of an acre, or 1,019m². The below map shows the location of BEECHWAYS, 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 BEECHWAYS). 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 BEECHWAYS?

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