GRAYHURST, ALNWICK ROAD, LESBURY, ALNWICK, NE66 3PL - £450,000

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

GRAYHURST is a midsized extended detached house of 170m², built sometime between 1900 and 1929. It was last sold for £450,000 in September 2015, which was around 79% above the average September 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

GRAYHURST Sold Prices

Land registry data shows two sales for GRAYHURST 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 GRAYHURST 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 11 SEP	£450,000	£251,501	79% above HPI
2007 5 OCT	£380,000	£260,342	46% above HPI

GRAYHURST 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 GRAYHURST sales from October 2007 and September 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 October 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2015 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is GRAYHURST?

GRAYHURST is 170m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Lesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Lesbury, and where GRAYHURST lies on this distribution: 52% of detached houses are smaller than GRAYHURST, and 48% of houses are larger. Note that EPC data is not available for all properties in Lesbury.

GRAYHURST: Plot and Title Map

GRAYHURST sits on a plot of roughly 0.763 of an acre, or 3,088m². The below map shows the location of GRAYHURST, 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 GRAYHURST). 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 GRAYHURST?

GRAYHURST is located on ALNWICK ROAD in LESBURY, in the NE66 postcode district. The below map shows the position of GRAYHURST on ALNWICK ROAD.