ROSSLYN, ELVASTON ROAD, HEXHAM, NE46 2HW - £322,500

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

ROSSLYN is a midsized extended semi-detached house of 140m², built sometime between 1930 and 1949. It was last sold for £322,500 in August 2016, which was around 27% above the average August 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

ROSSLYN Sold Prices

Land registry data shows four sales for ROSSLYN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four ROSSLYN 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 24 AUG	£322,500	£253,697	27% above HPI
2009 10 JUN	£338,000	£227,845	48% above HPI
2004 23 JAN	£213,500	£186,667	14% above HPI
1997 1 SEP	£105,000	£88,803	18% above HPI

ROSSLYN 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 four ROSSLYN sales between September 1997 and August 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 June 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2016 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is ROSSLYN?

ROSSLYN is 140m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where ROSSLYN lies on this distribution: 56% of detached houses are smaller than ROSSLYN, and 44% of houses are larger. Note that EPC data is not available for all properties in Hexham.

ROSSLYN: Plot and Title Map

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

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