28, PRIESTLANDS CRESCENT, HEXHAM, NE46 2AQ - £171,000

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.

28 PRIESTLANDS CRESCENT is a small extended terraced house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £224,604. It was last sold for £171,000 in September 2019, which was around 43% above the average September 2019 terraced price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

28 PRIESTLANDS CRESCENT Sold Prices

Land registry data shows three sales for 28 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. Two of the three 28 PRIESTLANDS CRESCENT sales were for above the average price, whilst one was 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
2019 27 SEP	£171,000	£119,542	43% above HPI
2016 4 APR	£155,000	£112,102	38% above HPI
1996 23 DEC	£24,360	£35,107	31% below HPI

28 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 28 PRIESTLANDS CRESCENT sales between December 1996 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 2016 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 28 PRIESTLANDS CRESCENT be worth now?

28 PRIESTLANDS CRESCENT might now be worth an estimated £224,604.

This is based on house price inflation of 31.3%, between September 2019 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 31.3% inflationary increase is applied to the most recent sale price for 28 PRIESTLANDS CRESCENT of £171,000 on 27th September 2019. For the value to have increased from £171,000 to £224,604 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 28 PRIESTLANDS CRESCENT has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The September 2019 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PRIESTLANDS CRESCENT has not materially changed since September 2019.

How Large is 28 PRIESTLANDS CRESCENT?

28 PRIESTLANDS CRESCENT is 122m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 28 PRIESTLANDS CRESCENT lies on this distribution: 35% of terraced houses houses are smaller than 28 PRIESTLANDS CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Hexham.

28 PRIESTLANDS CRESCENT: Plot and Title Map

28 PRIESTLANDS CRESCENT sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 28 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 28 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 28 PRIESTLANDS CRESCENT?

28 PRIESTLANDS CRESCENT is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 28 on PRIESTLANDS CRESCENT.