THE GREEN BAY, BEECH HILL, HEXHAM, NE46 3AG - £1,100,000

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

THE GREEN BAY is a very large extended detached house of 276m², built sometime between 1900 and 1929, which could now be worth an estimated £1,164,305. It was last sold for £1,100,000 in September 2022, which was around 227% above the average September 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

THE GREEN BAY Sold Prices

Land registry data shows two sales for THE GREEN BAY 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 GREEN BAY 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
2022 23 SEP	£1,100,000	£335,927	227% above HPI
2019 10 MAY	£775,000	£255,138	204% above HPI

THE GREEN BAY 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 GREEN BAY sales from May 2019 and September 2022 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 2019 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the September 2022 sale, where it rises to 227% above the HPI. The line then continues to track at 227% above the HPI.

What might THE GREEN BAY be worth now?

THE GREEN BAY might now be worth an estimated £1,164,305.

This is based on house price inflation of 5.8%, between September 2022 and December 2024, 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 5.8% inflationary increase is applied to the most recent sale price for THE GREEN BAY of £1,100,000 on 23rd September 2022. For the value to have increased from £1,100,000 to £1,164,305 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of THE GREEN BAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2022 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of THE GREEN BAY has not materially changed since September 2022.

How Large is THE GREEN BAY?

THE GREEN BAY is 276m², which includes four extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 10% 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 THE GREEN BAY lies on this distribution: 96% of detached houses houses are smaller than THE GREEN BAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Hexham.

THE GREEN BAY: Plot and Title Map

THE GREEN BAY sits on a plot of roughly 0.792 of an acre, or 3,204m². The below map shows the location of THE GREEN BAY, 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 GREEN BAY). 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 GREEN BAY?

THE GREEN BAY is located on BEECH HILL in HEXHAM, in the NE46 postcode district. The below map shows the position of THE GREEN BAY on BEECH HILL.