BIRCH HOUSE, ELVASTON ROAD, HEXHAM, NE46 2HN - £750,000

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

BIRCH HOUSE is a large detached house of 165m², built in 2023. It was last sold for £750,000 in February 2024, which was around 133% above the average February 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

BIRCH HOUSE Sold Prices

Land registry data shows two sales for BIRCH HOUSE 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. One of the two BIRCH HOUSE sales was for above the average price, whilst the other was 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
2024 23 FEB	£750,000	£322,450	133% above HPI
2022 26 JUL	£210,000	£307,775	32% below HPI

BIRCH HOUSE 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 BIRCH HOUSE sales from July 2022 and February 2024 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 July 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

How Large is BIRCH HOUSE?

BIRCH HOUSE is 165m² according to the EPC inspection conducted in January 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 BIRCH HOUSE lies on this distribution: 71% of detached houses are smaller than BIRCH HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hexham.

BIRCH HOUSE: Plot and Title Map

BIRCH HOUSE sits on a plot of roughly 0.524 of an acre, or 2,122m². The below map shows the location of BIRCH HOUSE, 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 BIRCH HOUSE). 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 BIRCH HOUSE?

BIRCH HOUSE is located on ELVASTON ROAD in HEXHAM, in the NE46 postcode district. The below map shows the position of BIRCH HOUSE on ELVASTON ROAD.