RUSSET GRANGE, ALLENDALE ROAD, HEXHAM, NE46 2DE - £785,000

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

RUSSET GRANGE is a very large detached house of 247m². It was last sold for £785,000 in June 2016, which was around 226% above the average June 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

RUSSET GRANGE Sold Prices

Land registry data shows two sales for RUSSET GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two RUSSET GRANGE 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 14 JUN	£785,000	£240,792	226% above HPI
2015 1 MAY	£475,000	£234,449	103% above HPI

RUSSET GRANGE 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 two RUSSET GRANGE sales from May 2015 and June 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 May 2015 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the June 2016 sale, where it rises to 226% above the HPI. The line then continues to track at 226% above the HPI.

How Large is RUSSET GRANGE?

RUSSET GRANGE is 247m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where RUSSET GRANGE lies on this distribution: 94% of detached houses are smaller than RUSSET GRANGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hexham.

RUSSET GRANGE: Plot and Title Map

RUSSET GRANGE sits on a plot of roughly 1.3 acres, or 5,277m². The below map shows the location of RUSSET GRANGE, 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 RUSSET GRANGE). 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 RUSSET GRANGE?

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