THE TIMBERS, NORTH BANK, HAYDON BRIDGE, HEXHAM, NE47 6LY - £135,000

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 TIMBERS is a very large extended detached house of 191m², built sometime between 1900 and 1929. It was last sold for £135,000 in December 2001, which was around 16% above the average December 2001 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

THE TIMBERS Sold Prices

Land registry data shows two sales for THE TIMBERS 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. One of the two THE TIMBERS sales was for above the average price, whilst the other was for below 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
2001 13 DEC	£135,000	£116,335	16% above HPI
2000 5 DEC	£45,000	£102,267	56% below HPI

THE TIMBERS 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 TIMBERS sales from December 2000 and December 2001 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 December 2000 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2001 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE TIMBERS?

THE TIMBERS is 191m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Haydon Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Haydon Bridge, and where THE TIMBERS lies on this distribution: 91% of detached houses are smaller than THE TIMBERS, and 9% of houses are larger. Note that EPC data is not available for all properties in Haydon Bridge.

THE TIMBERS: Plot and Title Map

THE TIMBERS sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of THE TIMBERS, 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 TIMBERS). 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 TIMBERS?

THE TIMBERS is located on NORTH BANK in HAYDON BRIDGE, in the NE47 postcode district. The below map shows the position of THE TIMBERS on NORTH BANK.