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

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

BEECHWAYS is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £355,000 in November 2006, which was around 44% 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	£247,380	44% above HPI
1997 8 AUG	£137,500	£88,954	55% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2006 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

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 in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where BEECHWAYS lies on this distribution: 32% of detached 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 50.2 acres, or 202,965m². 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.