CARETAKERS COTTAGE, SOUTH PARK, HEXHAM, NE46 1BT - £261,125

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

CARETAKERS COTTAGE is a very small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £261,125 in May 2015, which was around 11% above the average May 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

CARETAKERS COTTAGE Sold Prices

Land registry data shows two sales for CARETAKERS COTTAGE 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 CARETAKERS COTTAGE 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
2015 29 MAY	£261,125	£234,449	11% above HPI
2013 10 MAY	£183,000	£227,873	20% below HPI

CARETAKERS COTTAGE 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 CARETAKERS COTTAGE sales from May 2013 and May 2015 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CARETAKERS COTTAGE?

CARETAKERS COTTAGE is 99m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where CARETAKERS COTTAGE lies on this distribution: 15% of detached houses are smaller than CARETAKERS COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hexham.

CARETAKERS COTTAGE: Plot and Title Map

CARETAKERS COTTAGE sits on a plot of roughly 3.6 acres, or 14,432m². The below map shows the location of CARETAKERS COTTAGE, 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 CARETAKERS COTTAGE). 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 CARETAKERS COTTAGE?

CARETAKERS COTTAGE is located on SOUTH PARK in HEXHAM, in the NE46 postcode district. The below map shows the position of CARETAKERS COTTAGE on SOUTH PARK.