THE ALDERS, SLALEY, HEXHAM, NE47 0AD - £645,000

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.

THE ALDERS is a midsized detached house of 208m², which could now be worth an estimated £867,383. It was last sold for £645,000 in June 2020, which was around 141% above the average June 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

THE ALDERS Sold Prices

Land registry data shows two sales for THE ALDERS 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 THE ALDERS 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
2020 16 JUN	£645,000	£267,545	141% above HPI
2019 19 FEB	£335,000	£261,350	28% above HPI

THE ALDERS 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 THE ALDERS sales from February 2019 and June 2020 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 February 2019 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2020 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might THE ALDERS be worth now?

THE ALDERS might now be worth an estimated £867,383.

This is based on house price inflation of 34.5%, between June 2020 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 34.5% inflationary increase is applied to the most recent sale price for THE ALDERS of £645,000 on 16th June 2020. For the value to have increased from £645,000 to £867,383 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of THE ALDERS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2020 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of THE ALDERS has not materially changed since June 2020.

How Large is THE ALDERS?

THE ALDERS is 208m² according to the EPC inspection conducted in May 2020. This puts it in the largest 50% of detached houses houses in Slaley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slaley, and where THE ALDERS lies on this distribution: 52% of detached houses houses are smaller than THE ALDERS, and 48% of houses are larger. Note that EPC data is not available for all properties in Slaley.

THE ALDERS: Plot and Title Map

THE ALDERS sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of THE ALDERS, 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 THE ALDERS). 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 THE ALDERS?

THE ALDERS is located in SLALEY, in the NE47 postcode district. The below map shows the position of THE ALDERS in SLALEY.