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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE THREASHINGS is a very large detached house of 222m², built sometime between 2003 and 2006. It was last sold for £635,000 in November 2023, which was around 96% 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	£323,572	96% above HPI
2014 9 JUN	£495,000	£231,752	114% above HPI
2006 13 JUL	£380,000	£241,889	57% 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 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the November 2023 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

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 in Wark, based on EPC data. The below chart shows the distribution of detached houses by size in Wark, and where THE THREASHINGS lies on this distribution: 92% of detached houses are smaller than THE THREASHINGS, and 8% 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.