1, SHAFTOE LEAZES, HEXHAM, NE46 3DF - £285,000

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 SHAFTOE LEAZES is a large extended terraced house of 173m², built sometime before 1900, which could now be worth an estimated £415,688. It was last sold for £285,000 in March 2014, which was around 165% above the average March 2014 terraced price in the Northumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

1 SHAFTOE LEAZES Sold Prices

Land registry data shows two sales for 1 SHAFTOE LEAZES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 SHAFTOE LEAZES 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
2014 7 MAR	£285,000	£107,651	165% above HPI
2009 17 JUL	£210,000	£111,320	89% above HPI

1 SHAFTOE LEAZES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 SHAFTOE LEAZES sales from July 2009 and March 2014 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 July 2009 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the March 2014 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

What might 1 SHAFTOE LEAZES be worth now?

1 SHAFTOE LEAZES might now be worth an estimated £415,688.

This is based on house price inflation of 45.9%, between March 2014 and June 2025, for terraced 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 45.9% inflationary increase is applied to the most recent sale price for 1 SHAFTOE LEAZES of £285,000 on 7th March 2014. For the value to have increased from £285,000 to £415,688 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 1 SHAFTOE LEAZES has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The March 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHAFTOE LEAZES has not materially changed since March 2014.

How Large is 1 SHAFTOE LEAZES?

1 SHAFTOE LEAZES is 173m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of terraced houses houses in Hexham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hexham, and where 1 SHAFTOE LEAZES lies on this distribution: 75% of terraced houses houses are smaller than 1 SHAFTOE LEAZES, and 24% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 SHAFTOE LEAZES: Plot and Title Map

1 SHAFTOE LEAZES sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 SHAFTOE LEAZES, 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 1 SHAFTOE LEAZES). 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 1 SHAFTOE LEAZES?

1 SHAFTOE LEAZES is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 1 on SHAFTOE LEAZES.