STABLE COTTAGE, SHAWS LANE, HEXHAM, NE46 3BN - £375,000

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

STABLE COTTAGE is a small detached house of 115m², built sometime before 1900. It was last sold for £375,000 in November 2013, which was around 61% above the average November 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

STABLE COTTAGE Sold Prices

Land registry data shows three sales for STABLE COTTAGE 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 STABLE COTTAGE 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
2013 6 NOV	£375,000	£232,593	61% above HPI
2004 7 MAY	£310,000	£194,584	59% above HPI
1999 1 JUN	£146,000	£95,555	53% above HPI

STABLE COTTAGE 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 STABLE COTTAGE sales between June 1999 and November 2013 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 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2013 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is STABLE COTTAGE?

STABLE COTTAGE is 115m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where STABLE COTTAGE lies on this distribution: 28% of detached houses are smaller than STABLE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hexham.

STABLE COTTAGE: Plot and Title Map

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

STABLE COTTAGE is located on SHAWS LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of STABLE COTTAGE on SHAWS LANE.