1, SOUTHLANDS, HEXHAM, NE46 2NG - £247,500

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 SOUTHLANDS is a small extended semi-detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £347,154. It was last sold for £247,500 in September 2019, which was around 72% above the average September 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 SOUTHLANDS Sold Prices

Land registry data shows two sales for 1 SOUTHLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 SOUTHLANDS 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
2019 20 SEP	£247,500	£143,964	72% above HPI
2004 2 APR	£220,000	£102,586	114% above HPI

1 SOUTHLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 SOUTHLANDS sales from April 2004 and September 2019 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 April 2004 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the September 2019 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 1 SOUTHLANDS be worth now?

1 SOUTHLANDS might now be worth an estimated £347,154.

This is based on house price inflation of 40.3%, between September 2019 and May 2026, for semi-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 40.3% inflationary increase is applied to the most recent sale price for 1 SOUTHLANDS of £247,500 on 20th September 2019. For the value to have increased from £247,500 to £347,154 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 1 SOUTHLANDS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 2019 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTHLANDS has not materially changed since September 2019.

How Large is 1 SOUTHLANDS?

1 SOUTHLANDS is 116m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of semi-detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hexham, and where 1 SOUTHLANDS lies on this distribution: 29% of semi-detached houses houses are smaller than 1 SOUTHLANDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 SOUTHLANDS: Plot and Title Map

1 SOUTHLANDS sits on a plot of roughly 71.1 acres, or 287,889m². The below map shows the location of 1 SOUTHLANDS, 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 SOUTHLANDS). 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 SOUTHLANDS?

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