2, HEXHAM ROAD, THROCKLEY, NEWCASTLE UPON TYNE, NE15 9ED - £110,000

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.

2 HEXHAM ROAD is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £148,306. It was last sold for £110,000 in May 2018, which was around 36% below the average May 2018 semi-detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

2 HEXHAM ROAD Sold Prices

Land registry data shows two sales for 2 HEXHAM ROAD 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 Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 2 HEXHAM ROAD sales were for below 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 11 MAY	£110,000	£171,547	36% below HPI
2010 17 SEP	£85,000	£156,884	46% below HPI

2 HEXHAM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 2 HEXHAM ROAD sales from September 2010 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 September 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 HEXHAM ROAD be worth now?

2 HEXHAM ROAD might now be worth an estimated £148,306.

This is based on house price inflation of 34.8%, between May 2018 and February 2025, for semi-detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.8% inflationary increase is applied to the most recent sale price for 2 HEXHAM ROAD of £110,000 on 11th May 2018. For the value to have increased from £110,000 to £148,306 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 HEXHAM ROAD has moved in line with the HPI for semi-detached houses in the Newcastle upon Tyne local authority area.
• The May 2018 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEXHAM ROAD has not materially changed since May 2018.

How Large is 2 HEXHAM ROAD?

2 HEXHAM ROAD is 68m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of semi-detached houses houses in Throckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Throckley, and where 2 HEXHAM ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HEXHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Throckley.

2 HEXHAM ROAD: Plot and Title Map

2 HEXHAM ROAD sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 HEXHAM ROAD, 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 2 HEXHAM ROAD). 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 2 HEXHAM ROAD?

2 HEXHAM ROAD is located in THROCKLEY, in the NE15 postcode district. The below map shows the position of No. 2 on HEXHAM ROAD.