RED LION HOUSE, CORBRIDGE ROAD, HEXHAM, NE46 1UL - £405,000

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

RED LION HOUSE is a very large extended semi-detached house of 243m², built sometime before 1900, which could now be worth an estimated £607,027. It was last sold for £405,000 in January 2015, which was around 211% above the average January 2015 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

RED LION HOUSE Sold Prices

Land registry data shows two sales for RED LION HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two RED LION HOUSE 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
2015 9 JAN	£405,000	£130,266	211% above HPI
2007 12 JUN	£395,000	£144,881	173% above HPI

RED LION HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two RED LION HOUSE sales from June 2007 and January 2015 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 June 2007 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the January 2015 sale, where it rises to 211% above the HPI. The line then continues to track at 211% above the HPI.

What might RED LION HOUSE be worth now?

RED LION HOUSE might now be worth an estimated £607,027.

This is based on house price inflation of 49.9%, between January 2015 and February 2025, for semi-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 49.9% inflationary increase is applied to the most recent sale price for RED LION HOUSE of £405,000 on 9th January 2015. For the value to have increased from £405,000 to £607,027 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of RED LION HOUSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2015 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of RED LION HOUSE has not materially changed since January 2015.

How Large is RED LION HOUSE?

RED LION HOUSE is 243m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of semi-detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hexham, and where RED LION HOUSE lies on this distribution: 93% of semi-detached houses houses are smaller than RED LION HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Hexham.

RED LION HOUSE: Plot and Title Map

RED LION HOUSE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of RED LION HOUSE, 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 RED LION HOUSE). 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 RED LION HOUSE?

RED LION HOUSE is located on CORBRIDGE ROAD in HEXHAM, in the NE46 postcode district. The below map shows the position of RED LION HOUSE on CORBRIDGE ROAD.