THE FOLD, TOW HOUSE, HEXHAM, NE47 7EH - £262,500

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

THE FOLD is a very large extended detached house of 211m², built sometime before 1900. It was last sold for £262,500 in March 2018, which was around 3% above the average March 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was G, and the potential energy rating was E.

THE FOLD Sold Prices

Land registry data shows two sales for THE FOLD 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 FOLD 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
2018 9 MAR	£262,500	£254,425	3% above HPI
2007 7 DEC	£390,000	£261,896	49% above HPI

THE FOLD 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 FOLD sales from December 2007 and March 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 December 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE FOLD?

THE FOLD is 211m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where THE FOLD lies on this distribution: 93% of detached houses are smaller than THE FOLD, and 7% of houses are larger. Note that EPC data is not available for all properties in Redburn.

THE FOLD: Plot and Title Map

THE FOLD sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of THE FOLD, 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 FOLD). 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 FOLD?

THE FOLD is located in TOW HOUSE, in the NE47 postcode district. The below map shows the position of THE FOLD in TOW HOUSE.