ROSEBANK, ALLENDALE ROAD, HEXHAM, NE46 2NF - £345,000

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

ROSEBANK is a very small extended detached house of 98m², built sometime between 1900 and 1929. It was last sold for £345,000 in January 2022, which was around 17% above the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

ROSEBANK Sold Prices

Land registry data shows three sales for ROSEBANK 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 ROSEBANK 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
2022 20 JAN	£345,000	£293,648	17% above HPI
2013 24 JUN	£272,500	£226,469	20% above HPI
2006 27 OCT	£250,000	£248,117	1% above HPI

ROSEBANK 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 ROSEBANK sales between October 2006 and January 2022 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 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is ROSEBANK?

ROSEBANK is 98m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 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 ROSEBANK lies on this distribution: 14% of detached houses are smaller than ROSEBANK, and 85% of houses are larger. Note that EPC data is not available for all properties in Hexham.

ROSEBANK: Plot and Title Map

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

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