25, PRIESTLANDS CRESCENT, HEXHAM, NE46 2AQ - £173,500

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.

25 PRIESTLANDS CRESCENT is a very small extended terraced house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £195,397. It was last sold for £173,500 in February 2023, which was around 16% above the average February 2023 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

25 PRIESTLANDS CRESCENT Sold Prices

Land registry data shows three sales for 25 PRIESTLANDS CRESCENT 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 25 PRIESTLANDS CRESCENT 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 7 FEB	£173,500	£149,920	16% above HPI
2017 27 JUN	£151,000	£114,949	31% above HPI
2010 5 NOV	£142,500	£113,274	26% above HPI

25 PRIESTLANDS CRESCENT 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 25 PRIESTLANDS CRESCENT sales between November 2010 and February 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 June 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 25 PRIESTLANDS CRESCENT be worth now?

25 PRIESTLANDS CRESCENT might now be worth an estimated £195,397.

This is based on house price inflation of 12.6%, between February 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 12.6% inflationary increase is applied to the most recent sale price for 25 PRIESTLANDS CRESCENT of £173,500 on 7th February 2023. For the value to have increased from £173,500 to £195,397 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 25 PRIESTLANDS CRESCENT has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The February 2023 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 25 PRIESTLANDS CRESCENT has not materially changed since February 2023.

How Large is 25 PRIESTLANDS CRESCENT?

25 PRIESTLANDS CRESCENT is 92m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 25 PRIESTLANDS CRESCENT lies on this distribution: 9% of terraced houses houses are smaller than 25 PRIESTLANDS CRESCENT, and 89% of houses are larger. Note that EPC data is not available for all properties in Hexham.

25 PRIESTLANDS CRESCENT: Plot and Title Map

25 PRIESTLANDS CRESCENT sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 25 PRIESTLANDS CRESCENT, 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 25 PRIESTLANDS CRESCENT). 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 25 PRIESTLANDS CRESCENT?

25 PRIESTLANDS CRESCENT is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 25 on PRIESTLANDS CRESCENT.