GLENARIFF, ELVASTON DRIVE, HEXHAM, NE46 2HS - £586,000

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

GLENARIFF is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £586,000 in February 2023, which was around 83% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

GLENARIFF Sold Prices

Land registry data shows two sales for GLENARIFF 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 GLENARIFF 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
2023 7 FEB	£586,000	£320,757	83% above HPI
2008 16 JUL	£370,000	£256,815	44% above HPI

GLENARIFF 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 GLENARIFF sales from July 2008 and February 2023 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 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2023 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is GLENARIFF?

GLENARIFF is 165m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 GLENARIFF lies on this distribution: 71% of detached houses are smaller than GLENARIFF, and 28% of houses are larger. Note that EPC data is not available for all properties in Hexham.

GLENARIFF: Plot and Title Map

GLENARIFF sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of GLENARIFF, 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 GLENARIFF). 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 GLENARIFF?

GLENARIFF is located on ELVASTON DRIVE in HEXHAM, in the NE46 postcode district. The below map shows the position of GLENARIFF on ELVASTON DRIVE.