THE GRANARY, TOWNS FOOT, SLALEY, HEXHAM, NE47 0BQ - £600,000

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 GRANARY is a very large extended detached house of 232m², built sometime between 1991 and 1995, which could now be worth an estimated £740,223. It was last sold for £600,000 in March 2021, which was around 106% above the average March 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

THE GRANARY Sold Prices

Land registry data shows two sales for THE GRANARY 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 GRANARY 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
2021 5 MAR	£600,000	£291,633	106% above HPI
2013 8 FEB	£380,000	£228,893	66% above HPI

THE GRANARY 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 GRANARY sales from February 2013 and March 2021 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 2013 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the March 2021 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might THE GRANARY be worth now?

THE GRANARY might now be worth an estimated £740,223.

This is based on house price inflation of 23.4%, between March 2021 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 23.4% inflationary increase is applied to the most recent sale price for THE GRANARY of £600,000 on 5th March 2021. For the value to have increased from £600,000 to £740,223 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE GRANARY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANARY has not materially changed since March 2021.

How Large is THE GRANARY?

THE GRANARY is 232m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% 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 GRANARY lies on this distribution: 83% of detached houses houses are smaller than THE GRANARY, and 17% of houses are larger. Note that EPC data is not available for all properties in Slaley.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 0.271 of an acre, or 1,098m². The below map shows the location of THE GRANARY, 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 GRANARY). 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 GRANARY?

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