WEST VIEW, WARK, HEXHAM, NE48 3LG - £190,000

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

WEST VIEW is a midsized extended detached house of 148m², built sometime before 1900. It was last sold for £190,000 in June 2010, which was around 21% below the average June 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

WEST VIEW Sold Prices

Land registry data shows three sales for WEST VIEW 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 WEST VIEW sales were 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
2010 8 JUN	£190,000	£241,256	21% below HPI
2006 1 DEC	£220,000	£246,253	11% below HPI
1995 20 OCT	£45,000	£78,036	42% below HPI

WEST VIEW 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 WEST VIEW sales between October 1995 and June 2010 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is WEST VIEW?

WEST VIEW is 148m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses in Wark, based on EPC data. The below chart shows the distribution of detached houses by size in Wark, and where WEST VIEW lies on this distribution: 48% of detached houses are smaller than WEST VIEW, and 52% of houses are larger. Note that EPC data is not available for all properties in Wark.

WEST VIEW: Plot and Title Map

WEST VIEW sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of WEST VIEW, 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 WEST VIEW). 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 WEST VIEW?

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