THE WHEELS, SHIELD COURT, FELLSIDE, HEXHAM, NE46 1RA - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE WHEELS is a midsized extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £423,220. It was last sold for £285,000 in April 2015, which was around 18% above the average April 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

THE WHEELS Sold Prices

Land registry data shows two sales for THE WHEELS 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 WHEELS 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
2015 23 APR	£285,000	£242,285	18% above HPI
2008 17 OCT	£249,950	£255,727	2% below HPI

THE WHEELS 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 WHEELS sales from October 2008 and April 2015 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 October 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE WHEELS be worth now?

THE WHEELS might now be worth an estimated £423,220.

This is based on house price inflation of 48.5%, between April 2015 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 48.5% inflationary increase is applied to the most recent sale price for THE WHEELS of £285,000 on 23rd April 2015. For the value to have increased from £285,000 to £423,220 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of THE WHEELS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of THE WHEELS has not materially changed since April 2015.

How Large is THE WHEELS?

THE WHEELS is 134m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where THE WHEELS lies on this distribution: 51% of detached houses houses are smaller than THE WHEELS, and 48% of houses are larger. Note that EPC data is not available for all properties in Hexham.

THE WHEELS: Plot and Title Map

THE WHEELS sits on a plot of roughly 92.3 acres, or 373,393m². The below map shows the location of THE WHEELS, 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 WHEELS). 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 WHEELS?

THE WHEELS is located on SHIELD COURT in FELLSIDE, in the NE46 postcode district. The below map shows the position of THE WHEELS on SHIELD COURT.