LOW STEAD, HIGHFORD LANE, HEXHAM, NE46 2DP - £620,000

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

LOW STEAD is a very large detached house of 222m², built sometime between 1900 and 1929. It was last sold for £620,000 in July 2017, which was around 147% above the average July 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

LOW STEAD Sold Prices

Land registry data shows two sales for LOW STEAD 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 LOW STEAD 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
2017 13 JUL	£620,000	£251,182	147% above HPI
2002 21 OCT	£290,000	£138,451	109% above HPI

LOW STEAD 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 LOW STEAD sales from October 2002 and July 2017 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 2002 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the July 2017 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

How Large is LOW STEAD?

LOW STEAD is 222m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where LOW STEAD lies on this distribution: 90% of detached houses are smaller than LOW STEAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Hexham.

LOW STEAD: Plot and Title Map

LOW STEAD sits on a plot of roughly 8.3 acres, or 33,387m². The below map shows the location of LOW STEAD, 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 LOW STEAD). 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 LOW STEAD?

LOW STEAD is located on HIGHFORD LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of LOW STEAD on HIGHFORD LANE.