ELMGROVE, TYNEDALE VILLAS, HEXHAM, NE46 3JF - £885,000

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

ELMGROVE is a very large extended detached house of 296m², built sometime between 1900 and 1929. It was last sold for £885,000 in August 2017, which was around 244% above the average August 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

ELMGROVE Sold Prices

Land registry data shows two sales for ELMGROVE 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 ELMGROVE 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
2017 23 AUG	£885,000	£257,504	244% above HPI
2008 16 DEC	£680,000	£239,288	184% above HPI

ELMGROVE 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 ELMGROVE sales from December 2008 and August 2017 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 December 2008 sale was for 184% above the HPI. So the extrapolation line tracks at 184% above the HPI over time, until the August 2017 sale, where it rises to 244% above the HPI. The line then continues to track at 244% above the HPI.

How Large is ELMGROVE?

ELMGROVE is 296m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where ELMGROVE lies on this distribution: 97% of detached houses are smaller than ELMGROVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hexham.

ELMGROVE: Plot and Title Map

ELMGROVE sits on a plot of roughly 86.4 acres, or 349,821m². The below map shows the location of ELMGROVE, 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 ELMGROVE). 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 ELMGROVE?

ELMGROVE is located on TYNEDALE VILLAS in HEXHAM, in the NE46 postcode district. The below map shows the position of ELMGROVE on TYNEDALE VILLAS.