THE THREASHINGS, WARK, HEXHAM, NE48 3LS - £635,000

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 THREASHINGS is a very large detached house of 222m², built sometime between 2003 and 2006, which could now be worth an estimated £685,010. It was last sold for £635,000 in November 2023, which was around 90% above the average November 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

THE THREASHINGS Sold Prices

Land registry data shows three sales for THE THREASHINGS 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 THREASHINGS 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
2023 14 NOV	£635,000	£333,522	90% above HPI
2014 9 JUN	£495,000	£239,207	107% above HPI
2006 13 JUL	£380,000	£249,670	52% above HPI

THE THREASHINGS 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 THREASHINGS sales between July 2006 and November 2023 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 June 2014 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the November 2023 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might THE THREASHINGS be worth now?

THE THREASHINGS might now be worth an estimated £685,010.

This is based on house price inflation of 7.9%, between November 2023 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 7.9% inflationary increase is applied to the most recent sale price for THE THREASHINGS of £635,000 on 14th November 2023. For the value to have increased from £635,000 to £685,010 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of THE THREASHINGS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2023 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of THE THREASHINGS has not materially changed since November 2023.

How Large is THE THREASHINGS?

THE THREASHINGS is 222m² according to the EPC inspection conducted in December 2008. This puts it in the largest 10% of detached houses houses in Wark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wark, and where THE THREASHINGS lies on this distribution: 93% of detached houses houses are smaller than THE THREASHINGS, and 7% of houses are larger. Note that EPC data is not available for all properties in Wark.

THE THREASHINGS: Plot and Title Map

THE THREASHINGS sits on a plot of roughly 0.488 of an acre, or 1,975m². The below map shows the location of THE THREASHINGS, 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 THREASHINGS). 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 THREASHINGS?

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