WILLOW BARN, REDBURN, HEXHAM, NE47 7EA - £170,000

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

WILLOW BARN is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £170,000 in June 2004, which was around 14% below the average June 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

WILLOW BARN Sold Prices

Land registry data shows three sales for WILLOW BARN 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. Two of the three WILLOW BARN sales were for below the average price, whilst one was 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
2004 1 JUN	£170,000	£198,258	14% below HPI
1999 9 AUG	£140,000	£97,730	43% above HPI
1996 13 MAR	£65,000	£77,032	16% below HPI

WILLOW BARN 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 WILLOW BARN sales between March 1996 and June 2004 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 August 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2004 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is WILLOW BARN?

WILLOW BARN is 107m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where WILLOW BARN lies on this distribution: 46% of detached houses are smaller than WILLOW BARN, and 54% of houses are larger. Note that EPC data is not available for all properties in Redburn.

WILLOW BARN: Plot and Title Map

WILLOW BARN sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of WILLOW BARN, 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 WILLOW BARN). 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 WILLOW BARN?

WILLOW BARN is located in REDBURN, in the NE47 postcode district. The below map shows the position of WILLOW BARN in REDBURN.