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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSSLYN is a midsized extended semi-detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £448,436. It was last sold for £322,500 in August 2016, which was around 130% above the average August 2016 semi-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 semi-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	£140,415	130% above HPI
2009 10 JUN	£338,000	£128,474	163% above HPI
2004 23 JAN	£213,500	£101,414	111% above HPI
1997 1 SEP	£105,000	£46,588	125% above HPI

ROSSLYN 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 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 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the August 2016 sale, where it falls to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might ROSSLYN be worth now?

ROSSLYN might now be worth an estimated £448,436.

This is based on house price inflation of 39%, between August 2016 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 39% inflationary increase is applied to the most recent sale price for ROSSLYN of £322,500 on 24th August 2016. For the value to have increased from £322,500 to £448,436 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of ROSSLYN has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The August 2016 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of ROSSLYN has not materially changed since August 2016.

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 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 ROSSLYN lies on this distribution: 56% of semi-detached houses 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.