BURNCLIFFE, TOW HOUSE, HEXHAM, NE47 7EQ - £229,950

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

BURNCLIFFE is a large extended detached house of 118m², built sometime before 1900. It was last sold for £229,950 in November 2018, which was around 11% below the average November 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was F, and the potential energy rating was C.

BURNCLIFFE Sold Prices

Land registry data shows three sales for BURNCLIFFE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three BURNCLIFFE sales were for below the average price, whilst one was 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 19 NOV	£229,950	£257,827	11% below HPI
2008 31 JUL	£285,000	£256,815	11% above HPI
2002 10 APR	£100,000	£117,608	15% below HPI

BURNCLIFFE 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 three BURNCLIFFE sales between April 2002 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 July 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BURNCLIFFE?

BURNCLIFFE is 118m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where BURNCLIFFE lies on this distribution: 61% of detached houses are smaller than BURNCLIFFE, and 39% of houses are larger. Note that EPC data is not available for all properties in Redburn.

BURNCLIFFE: Plot and Title Map

BURNCLIFFE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of BURNCLIFFE, 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 BURNCLIFFE). 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 BURNCLIFFE?

BURNCLIFFE is located in TOW HOUSE, in the NE47 postcode district. The below map shows the position of BURNCLIFFE in TOW HOUSE.