7, EDGEWOOD, HEXHAM, NE46 1LQ - £155,000

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.

7 EDGEWOOD is a very small terraced house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £208,040. It was last sold for £155,000 in May 2020, which was around 32% above the average May 2020 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

7 EDGEWOOD Sold Prices

Land registry data shows two sales for 7 EDGEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 EDGEWOOD 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
2020 15 MAY	£155,000	£116,984	32% above HPI
2003 20 JUN	£70,000	£68,844	2% above HPI

7 EDGEWOOD 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 two 7 EDGEWOOD sales from June 2003 and May 2020 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 EDGEWOOD be worth now?

7 EDGEWOOD might now be worth an estimated £208,040.

This is based on house price inflation of 34.2%, between May 2020 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 34.2% inflationary increase is applied to the most recent sale price for 7 EDGEWOOD of £155,000 on 15th May 2020. For the value to have increased from £155,000 to £208,040 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 EDGEWOOD has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EDGEWOOD has not materially changed since May 2020.

How Large is 7 EDGEWOOD?

7 EDGEWOOD is 102m² according to the EPC inspection conducted in November 2010. 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 7 EDGEWOOD lies on this distribution: 17% of terraced houses houses are smaller than 7 EDGEWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Hexham.

7 EDGEWOOD: Plot and Title Map

7 EDGEWOOD sits on a plot of roughly 48.1 acres, or 194,510m². The below map shows the location of 7 EDGEWOOD, 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 7 EDGEWOOD). 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 7 EDGEWOOD?

7 EDGEWOOD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 7 on EDGEWOOD.