THE BREWERY, WARK, HEXHAM, NE48 3DG - £249,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE BREWERY is a midsized detached house of 137m², built sometime before 1900. It was last sold for £249,950 in February 2018, which was around 3% below the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

THE BREWERY Sold Prices

Land registry data shows two sales for THE BREWERY 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. One of the two THE BREWERY sales was for below the average price, whilst the other was 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
2018 12 FEB	£249,950	£257,745	3% below HPI
2004 19 JUL	£207,737	£205,747	1% above HPI

THE BREWERY 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 BREWERY sales from July 2004 and February 2018 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 July 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE BREWERY?

THE BREWERY is 137m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Wark, based on EPC data. The below chart shows the distribution of detached houses by size in Wark, and where THE BREWERY lies on this distribution: 44% of detached houses are smaller than THE BREWERY, and 56% of houses are larger. Note that EPC data is not available for all properties in Wark.

THE BREWERY: Plot and Title Map

THE BREWERY sits on a plot of roughly 12.2 acres, or 49,256m². The below map shows the location of THE BREWERY, 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 BREWERY). 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 BREWERY?

THE BREWERY is located in WARK, in the NE48 postcode district. The below map shows the position of THE BREWERY in WARK.