HILLRISE, ALLENDALE ROAD, HEXHAM, NE46 2NQ - £323,000

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

HILLRISE is a small extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £323,000 in September 2019, which was around 24% above the average September 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

HILLRISE Sold Prices

Land registry data shows three sales for HILLRISE 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. All of the three HILLRISE 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
2019 4 SEP	£323,000	£260,720	24% above HPI
2011 15 NOV	£283,000	£234,881	20% above HPI
2010 19 MAR	£261,000	£243,682	7% above HPI

HILLRISE 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 HILLRISE sales between March 2010 and September 2019 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 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is HILLRISE?

HILLRISE is 117m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where HILLRISE lies on this distribution: 30% of detached houses are smaller than HILLRISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hexham.

HILLRISE: Plot and Title Map

HILLRISE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of HILLRISE, 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 HILLRISE). 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 HILLRISE?

HILLRISE is located on ALLENDALE ROAD in HEXHAM, in the NE46 postcode district. The below map shows the position of HILLRISE on ALLENDALE ROAD.