WOODLEIGH, WOODSIDE VILLAS, HEXHAM, NE46 1HX - £520,000

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.

WOODLEIGH is a very large detached house of 232m², built sometime between 1900 and 1929, which could now be worth an estimated £701,780. It was last sold for £520,000 in May 2018, which was around 95% above the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

WOODLEIGH Sold Prices

Land registry data shows two sales for WOODLEIGH 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 WOODLEIGH 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
2018 31 MAY	£520,000	£266,594	95% above HPI
2004 11 MAR	£425,000	£193,491	120% above HPI

WOODLEIGH 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 WOODLEIGH sales from March 2004 and May 2018 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 March 2004 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the May 2018 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might WOODLEIGH be worth now?

WOODLEIGH might now be worth an estimated £701,780.

This is based on house price inflation of 35%, between May 2018 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 35% inflationary increase is applied to the most recent sale price for WOODLEIGH of £520,000 on 31st May 2018. For the value to have increased from £520,000 to £701,780 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of WOODLEIGH has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2018 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of WOODLEIGH has not materially changed since May 2018.

How Large is WOODLEIGH?

WOODLEIGH is 232m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 WOODLEIGH lies on this distribution: 91% of detached houses houses are smaller than WOODLEIGH, and 9% of houses are larger. Note that EPC data is not available for all properties in Hexham.

WOODLEIGH: Plot and Title Map

WOODLEIGH sits on a plot of roughly 48.1 acres, or 194,510m². The below map shows the location of WOODLEIGH, 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 WOODLEIGH). 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 WOODLEIGH?

WOODLEIGH is located on WOODSIDE VILLAS in HEXHAM, in the NE46 postcode district. The below map shows the position of WOODLEIGH on WOODSIDE VILLAS.