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

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 WHEELS is a midsized extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £285,000 in April 2015, which was around 21% 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. Both of the two THE WHEELS 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
2015 23 APR	£285,000	£234,734	21% above HPI
2008 17 OCT	£249,950	£247,757	1% above 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

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 in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where THE WHEELS lies on this distribution: 51% of detached 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 0.255 of an acre, or 1,033m². 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.