THE OLD JOINERY, BURN LANE, HUMSHAUGH, HEXHAM, NE46 4AN - £615,000

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 OLD JOINERY is a very large detached house of 225m². It was last sold for £615,000 in February 2019, which was around 143% above the average February 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

THE OLD JOINERY Sold Prices

Land registry data shows two sales for THE OLD JOINERY 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 OLD JOINERY 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
2019 21 FEB	£615,000	£253,205	143% above HPI
2015 13 NOV	£540,000	£246,479	119% above HPI

THE OLD JOINERY 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 OLD JOINERY sales from November 2015 and February 2019 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 November 2015 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the February 2019 sale, where it rises to 143% above the HPI. The line then continues to track at 143% above the HPI.

How Large is THE OLD JOINERY?

THE OLD JOINERY is 225m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Humshaugh, based on EPC data. The below chart shows the distribution of detached houses by size in Humshaugh, and where THE OLD JOINERY lies on this distribution: 80% of detached houses are smaller than THE OLD JOINERY, and 20% of houses are larger. Note that EPC data is not available for all properties in Humshaugh.

THE OLD JOINERY: Plot and Title Map

THE OLD JOINERY sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of THE OLD JOINERY, 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 OLD JOINERY). 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 OLD JOINERY?

THE OLD JOINERY is located on BURN LANE in HUMSHAUGH, in the NE46 postcode district. The below map shows the position of THE OLD JOINERY on BURN LANE.