22, SOUTHLANDS, HEXHAM, NE46 2NG - £365,000

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.

22 SOUTHLANDS is a very small terraced house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £411,860. It was last sold for £365,000 in December 2023, which was around 144% above the average December 2023 terraced price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

22 SOUTHLANDS Sold Prices

Land registry data shows three sales for 22 SOUTHLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. All of the three 22 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
2023 15 DEC	£365,000	£149,631	144% above HPI
2017 28 JUL	£215,000	£115,729	86% above HPI
2013 16 AUG	£165,000	£106,979	54% above HPI

22 SOUTHLANDS 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 three 22 SOUTHLANDS sales between August 2013 and December 2023 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 2017 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the December 2023 sale, where it rises to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 22 SOUTHLANDS be worth now?

22 SOUTHLANDS might now be worth an estimated £411,860.

This is based on house price inflation of 12.8%, between December 2023 and May 2026, 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 12.8% inflationary increase is applied to the most recent sale price for 22 SOUTHLANDS of £365,000 on 15th December 2023. For the value to have increased from £365,000 to £411,860 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 22 SOUTHLANDS has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The December 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SOUTHLANDS has not materially changed since December 2023.

How Large is 22 SOUTHLANDS?

22 SOUTHLANDS is 93m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 22 SOUTHLANDS lies on this distribution: 11% of terraced houses houses are smaller than 22 SOUTHLANDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Hexham.

22 SOUTHLANDS: Plot and Title Map

22 SOUTHLANDS sits on a plot of roughly 3.7 acres, or 15,116m². The below map shows the location of 22 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 22 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 22 SOUTHLANDS?

22 SOUTHLANDS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 22 on SOUTHLANDS.