GLENGARY, LEAZES LANE, HEXHAM, NE46 3BA - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GLENGARY is a very large detached house of 245m², built sometime from 2007 onwards, which could now be worth an estimated £808,206. It was last sold for £565,000 in March 2010, which was around 125% above the average March 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

GLENGARY Sold Prices

Land registry data shows two sales for GLENGARY 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 GLENGARY 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
2010 26 MAR	£565,000	£251,521	125% above HPI
2004 30 JAN	£200,050	£192,672	4% above HPI

GLENGARY 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 GLENGARY sales from January 2004 and March 2010 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 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2010 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might GLENGARY be worth now?

GLENGARY might now be worth an estimated £808,206.

This is based on house price inflation of 43%, between March 2010 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for GLENGARY of £565,000 on 26th March 2010. For the value to have increased from £565,000 to £808,206 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of GLENGARY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2010 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of GLENGARY has not materially changed since March 2010.

How Large is GLENGARY?

GLENGARY is 245m² according to the EPC inspection conducted in October 2009. This puts it in the largest 10% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where GLENGARY lies on this distribution: 93% of detached houses houses are smaller than GLENGARY, and 7% of houses are larger. Note that EPC data is not available for all properties in Hexham.

GLENGARY: Plot and Title Map

GLENGARY sits on a plot of roughly 17.7 acres, or 71,499m². The below map shows the location of GLENGARY, 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 GLENGARY). 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 GLENGARY?

GLENGARY is located on LEAZES LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of GLENGARY on LEAZES LANE.