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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STABLE COTTAGE is a small detached house of 115m², built sometime before 1900, which could now be worth an estimated £561,995. It was last sold for £375,000 in November 2013, which was around 56% 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	£240,075	56% above HPI
2004 7 MAY	£310,000	£200,843	54% above HPI
1999 1 JUN	£146,000	£98,629	48% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2013 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might STABLE COTTAGE be worth now?

STABLE COTTAGE might now be worth an estimated £561,995.

This is based on house price inflation of 49.9%, between November 2013 and February 2025, for 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 49.9% inflationary increase is applied to the most recent sale price for STABLE COTTAGE of £375,000 on 6th November 2013. For the value to have increased from £375,000 to £561,995 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of STABLE COTTAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2013 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of STABLE COTTAGE has not materially changed since November 2013.

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 houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where STABLE COTTAGE lies on this distribution: 28% of detached houses 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.