THE NOOK, WARK, HEXHAM, NE48 3LB - £385,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE NOOK is a midsized extended detached house of 188m², built sometime before 1900. It was last sold for £385,000 in October 2016, which was around 54% above the average October 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows three sales for THE NOOK 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 NOOK 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
2016 31 OCT	£385,000	£249,591	54% above HPI
2002 2 AUG	£360,000	£134,088	168% above HPI
2001 29 JUN	£225,000	£110,088	104% above HPI

THE NOOK 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 NOOK sales between June 2001 and October 2016 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 August 2002 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the October 2016 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is THE NOOK?

THE NOOK is 188m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 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 NOOK lies on this distribution: 56% of detached houses are smaller than THE NOOK, and 44% of houses are larger. Note that EPC data is not available for all properties in Wark.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.434 of an acre, or 1,756m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

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