KILRAINE, ALLENDALE ROAD, HEXHAM, NE46 2NQ - £705,000

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

KILRAINE is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £705,000 in July 2024, which was around 102% above the average July 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

KILRAINE Sold Prices

Land registry data shows three sales for KILRAINE 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 KILRAINE 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
2024 19 JUL	£705,000	£349,262	102% above HPI
2021 25 OCT	£595,000	£290,924	105% above HPI
2020 30 OCT	£440,000	£279,307	58% above HPI

KILRAINE 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 KILRAINE sales between October 2020 and July 2024 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 October 2021 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the July 2024 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is KILRAINE?

KILRAINE is 191m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where KILRAINE lies on this distribution: 81% of detached houses are smaller than KILRAINE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hexham.

KILRAINE: Plot and Title Map

KILRAINE sits on a plot of roughly 0.327 of an acre, or 1,323m². The below map shows the location of KILRAINE, 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 KILRAINE). 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 KILRAINE?

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