REDHURST, ELVASTON DRIVE, HEXHAM, NE46 2HP - £448,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REDHURST is a large extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £448,000 in March 2016, which was around 84% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was C.

REDHURST Sold Prices

Land registry data shows three sales for REDHURST 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 REDHURST 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 1 MAR	£448,000	£243,545	84% above HPI
2000 25 JUL	£210,000	£101,480	107% above HPI
1996 29 JUL	£138,000	£83,384	65% above HPI

REDHURST 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 REDHURST sales between July 1996 and March 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 July 2000 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the March 2016 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is REDHURST?

REDHURST is 170m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where REDHURST lies on this distribution: 74% of detached houses are smaller than REDHURST, and 26% of houses are larger. Note that EPC data is not available for all properties in Hexham.

REDHURST: Plot and Title Map

REDHURST sits on a plot of roughly 87.2 acres, or 352,960m². The below map shows the location of REDHURST, 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 REDHURST). 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 REDHURST?

REDHURST is located on ELVASTON DRIVE in HEXHAM, in the NE46 postcode district. The below map shows the position of REDHURST on ELVASTON DRIVE.