THE LITTLE GARTH, LEAZES LANE, HEXHAM, NE46 3AQ - £793,750

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 LITTLE GARTH is a very large extended detached house of 294m², built sometime between 1930 and 1949. It was last sold for £793,750 in July 2022, which was around 158% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

THE LITTLE GARTH Sold Prices

Land registry data shows three sales for THE LITTLE GARTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three THE LITTLE GARTH 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 18 JUL	£793,750	£307,775	158% above HPI
2007 15 OCT	£480,000	£260,342	84% above HPI
2001 29 SEP	£275,000	£114,504	140% above HPI

THE LITTLE GARTH 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 three THE LITTLE GARTH sales between September 2001 and July 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 October 2007 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the July 2022 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

How Large is THE LITTLE GARTH?

THE LITTLE GARTH is 294m², which includes four extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where THE LITTLE GARTH lies on this distribution: 97% of detached houses are smaller than THE LITTLE GARTH, and 3% of houses are larger. Note that EPC data is not available for all properties in Hexham.

THE LITTLE GARTH: Plot and Title Map

THE LITTLE GARTH sits on a plot of roughly 0.490 of an acre, or 1,982m². The below map shows the location of THE LITTLE GARTH, 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 LITTLE GARTH). 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 LITTLE GARTH?

THE LITTLE GARTH is located on LEAZES LANE in HEXHAM, in the NE46 postcode district. The below map shows the position of THE LITTLE GARTH on LEAZES LANE.