51, PETH HEAD, HEXHAM, NE46 1HH - £138,000

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.

51 PETH HEAD is a very small detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £188,497. It was last sold for £138,000 in December 2017, which was around 48% below the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

51 PETH HEAD Sold Prices

Land registry data shows two sales for 51 PETH HEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 51 PETH HEAD 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
2017 1 DEC	£138,000	£263,309	48% below HPI
1996 29 NOV	£47,000	£84,734	45% below HPI

51 PETH HEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 51 PETH HEAD sales from November 1996 and December 2017 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 November 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 51 PETH HEAD be worth now?

51 PETH HEAD might now be worth an estimated £188,497.

This is based on house price inflation of 36.6%, between December 2017 and April 2026, for 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 36.6% inflationary increase is applied to the most recent sale price for 51 PETH HEAD of £138,000 on 1st December 2017. For the value to have increased from £138,000 to £188,497 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 51 PETH HEAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2017 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 51 PETH HEAD has not materially changed since December 2017.

How Large is 51 PETH HEAD?

51 PETH HEAD is 83m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 51 PETH HEAD lies on this distribution: 6% of detached houses houses are smaller than 51 PETH HEAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Hexham.

51 PETH HEAD: Plot and Title Map

51 PETH HEAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 51 PETH HEAD, 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 51 PETH HEAD). 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 51 PETH HEAD?

51 PETH HEAD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 51 on PETH HEAD.