ORCHARD COTTAGE, SHAWS LANE, HEXHAM, NE46 3RN - £605,000

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

ORCHARD COTTAGE is a very large extended detached house of 212m², built sometime before 1900. It was last sold for £605,000 in September 2016, which was around 138% above the average September 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD COTTAGE 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 ORCHARD COTTAGE 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
2016 26 SEP	£605,000	£253,705	138% above HPI
2009 14 AUG	£245,000	£234,553	4% above HPI

ORCHARD COTTAGE 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 ORCHARD COTTAGE sales from August 2009 and September 2016 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 August 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2016 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 212m², which includes four extensions, according to the EPC inspection conducted in June 2016. 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 ORCHARD COTTAGE lies on this distribution: 87% of detached houses are smaller than ORCHARD COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hexham.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 71.1 acres, or 287,889m². The below map shows the location of ORCHARD COTTAGE, 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 ORCHARD COTTAGE). 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on SHAWS LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of ORCHARD COTTAGE on SHAWS LANE.