GREENGATES, REDBURN, HEXHAM, NE47 7EA - £370,000

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

GREENGATES is a very large extended detached house of 220m², built sometime before 1900. It was last sold for £370,000 in November 2014, which was around 56% above the average November 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

GREENGATES Sold Prices

Land registry data shows two sales for GREENGATES 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 GREENGATES 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
2014 19 NOV	£370,000	£236,823	56% above HPI
2012 15 NOV	£300,000	£231,739	29% above HPI

GREENGATES 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 GREENGATES sales from November 2012 and November 2014 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 November 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2014 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is GREENGATES?

GREENGATES is 220m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where GREENGATES lies on this distribution: 96% of detached houses are smaller than GREENGATES, and 4% of houses are larger. Note that EPC data is not available for all properties in Redburn.

GREENGATES: Plot and Title Map

GREENGATES sits on a plot of roughly 0.511 of an acre, or 2,070m². The below map shows the location of GREENGATES, 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 GREENGATES). 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 GREENGATES?

GREENGATES is located in REDBURN, in the NE47 postcode district. The below map shows the position of GREENGATES in REDBURN.