HAZELBANK, THE DENE, ALLENDALE, HEXHAM, NE47 9PX - £367,500

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

HAZELBANK is a very large detached house of 160m², built sometime between 1976 and 1982. It was last sold for £367,500 in December 2006, which was around 49% above the average December 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

HAZELBANK Sold Prices

Land registry data shows two sales for HAZELBANK 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 HAZELBANK 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
2006 12 DEC	£367,500	£246,253	49% above HPI
1997 29 MAY	£141,000	£86,637	63% above HPI

HAZELBANK 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 HAZELBANK sales from May 1997 and December 2006 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 May 1997 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2006 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is HAZELBANK?

HAZELBANK is 160m² according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Allendale Town, based on EPC data. The below chart shows the distribution of detached houses by size in Allendale Town, and where HAZELBANK lies on this distribution: 80% of detached houses are smaller than HAZELBANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Allendale Town.

HAZELBANK: Plot and Title Map

HAZELBANK sits on a plot of roughly 0.610 of an acre, or 2,469m². The below map shows the location of HAZELBANK, 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 HAZELBANK). 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 HAZELBANK?

HAZELBANK is located on THE DENE in ALLENDALE, in the NE47 postcode district. The below map shows the position of HAZELBANK on THE DENE.