INGARTH, LEAZES LANE, HEXHAM, NE46 3AE - £615,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

INGARTH is a very large extended detached house of 219m², built sometime between 1930 and 1949, which could now be worth an estimated £847,170. It was last sold for £615,000 in April 2019, which was around 138% above the average April 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

INGARTH Sold Prices

Land registry data shows two sales for INGARTH 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 INGARTH 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 18 APR	£615,000	£258,121	138% above HPI
2007 12 NOV	£570,000	£271,751	110% above HPI

INGARTH 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 INGARTH sales from November 2007 and April 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 2007 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the April 2019 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might INGARTH be worth now?

INGARTH might now be worth an estimated £847,170.

This is based on house price inflation of 37.8%, between April 2019 and December 2024, 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 37.8% inflationary increase is applied to the most recent sale price for INGARTH of £615,000 on 18th April 2019. For the value to have increased from £615,000 to £847,170 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of INGARTH has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2019 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of INGARTH has not materially changed since April 2019.

How Large is INGARTH?

INGARTH is 219m², which includes four extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where INGARTH lies on this distribution: 88% of detached houses houses are smaller than INGARTH, and 11% of houses are larger. Note that EPC data is not available for all properties in Hexham.

INGARTH: Plot and Title Map

INGARTH sits on a plot of roughly 0.326 of an acre, or 1,320m². The below map shows the location of INGARTH, 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 INGARTH). 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 INGARTH?

INGARTH is located on LEAZES LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of INGARTH on LEAZES LANE.