HALEWOOD, STEPPEY LANE, LESBURY, ALNWICK, NE66 3PU - £329,950

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.

HALEWOOD is a small detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £482,108. It was last sold for £329,950 in July 2011, which was around 34% above the average July 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

HALEWOOD Sold Prices

Land registry data shows three sales for HALEWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three HALEWOOD sales were for above the average price, whilst one was for below 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
2011 28 JUL	£329,950	£246,236	34% above HPI
2007 29 AUG	£249,000	£270,653	8% below HPI
2001 31 JAN	£110,000	£106,353	3% above HPI

HALEWOOD 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 three HALEWOOD sales between January 2001 and July 2011 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 August 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2011 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might HALEWOOD be worth now?

HALEWOOD might now be worth an estimated £482,108.

This is based on house price inflation of 46.1%, between July 2011 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 46.1% inflationary increase is applied to the most recent sale price for HALEWOOD of £329,950 on 28th July 2011. For the value to have increased from £329,950 to £482,108 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of HALEWOOD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2011 sale price of £329,950 represented a fair market value for the property.
• The size, condition, and specification of HALEWOOD has not materially changed since July 2011.

How Large is HALEWOOD?

HALEWOOD is 112m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses houses in Hipsburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hipsburn, and where HALEWOOD lies on this distribution: 33% of detached houses houses are smaller than HALEWOOD, and 67% of houses are larger. Note that EPC data is not available for all properties in Hipsburn.

HALEWOOD: Plot and Title Map

HALEWOOD sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of HALEWOOD, 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 HALEWOOD). 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 HALEWOOD?

HALEWOOD is located on STEPPEY LANE in LESBURY, in the NE66 postcode district. The below map shows the position of HALEWOOD on STEPPEY LANE.