1, ELM CLOSE, HEXHAM, NE46 2RD - £270,000

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.

1 ELM CLOSE is a midsized extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £409,658. It was last sold for £270,000 in February 2014, which was around 14% above the average February 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

1 ELM CLOSE Sold Prices

Land registry data shows one sale for 1 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 13 FEB	£270,000	£237,047	14% above HPI

What might 1 ELM CLOSE be worth now?

1 ELM CLOSE might now be worth an estimated £409,658.

This is based on house price inflation of 51.7%, between February 2014 and April 2026, 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 51.7% inflationary increase is applied to the most recent sale price for 1 ELM CLOSE of £270,000 on 13th February 2014. For the value to have increased from £270,000 to £409,658 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 ELM CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM CLOSE has not materially changed since February 2014.

How Large is 1 ELM CLOSE?

1 ELM CLOSE is 137m², which includes three extensions, according to the EPC inspection conducted in May 2013. 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 1 ELM CLOSE lies on this distribution: 54% of detached houses are smaller than 1 ELM CLOSE, and 46% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

1 ELM CLOSE: Plot

1 ELM CLOSE sits on a plot of roughly 0.113 of an acre, or 458m².

Where is 1 ELM CLOSE?

1 ELM CLOSE is located in HEXHAM, in the NE46 postcode district.