SOMERVILLE, ALLENDALE ROAD, HEXHAM, NE46 2NB - £560,000

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

SOMERVILLE is a very large extended detached house of 253m², built sometime between 1930 and 1949. It was last sold for £560,000 in August 2022, which was around 76% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

SOMERVILLE Sold Prices

Land registry data shows two sales for SOMERVILLE 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 SOMERVILLE 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 12 AUG	£560,000	£317,779	76% above HPI
1995 20 JAN	£180,000	£80,797	123% above HPI

SOMERVILLE 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 SOMERVILLE sales from January 1995 and August 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 January 1995 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the August 2022 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is SOMERVILLE?

SOMERVILLE is 253m², which includes three extensions, according to the EPC inspection conducted in May 2022. 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 SOMERVILLE lies on this distribution: 94% of detached houses are smaller than SOMERVILLE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hexham.

SOMERVILLE: Plot and Title Map

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

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