CHAPEL BANK HOUSE, HUMSHAUGH, HEXHAM, NE46 4AG - £475,000

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

CHAPEL BANK HOUSE is a very large extended detached house of 243m², built sometime between 2003 and 2006. It was last sold for £475,000 in July 2015, which was around 97% above the average July 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

CHAPEL BANK HOUSE Sold Prices

Land registry data shows two sales for CHAPEL BANK 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. Both of the two CHAPEL BANK HOUSE 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
2015 23 JUL	£475,000	£240,522	97% above HPI
1997 24 JAN	£110,000	£82,261	34% above HPI

CHAPEL BANK 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 CHAPEL BANK HOUSE sales from January 1997 and July 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 January 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2015 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is CHAPEL BANK HOUSE?

CHAPEL BANK HOUSE is 243m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Humshaugh, based on EPC data. The below chart shows the distribution of detached houses by size in Humshaugh, and where CHAPEL BANK HOUSE lies on this distribution: 85% of detached houses are smaller than CHAPEL BANK HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Humshaugh.

CHAPEL BANK HOUSE: Plot and Title Map

CHAPEL BANK HOUSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of CHAPEL BANK 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 CHAPEL BANK 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 CHAPEL BANK HOUSE?

CHAPEL BANK HOUSE is located in HUMSHAUGH, in the NE46 postcode district. The below map shows the position of CHAPEL BANK HOUSE in HUMSHAUGH.