8, SHAWS PARK, HEXHAM, NE46 3BJ - £500,000

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.

8 SHAWS PARK is a very large extended detached house of 228m², built sometime between 1967 and 1975, which could now be worth an estimated £600,063. It was last sold for £500,000 in September 2021, which was around 67% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

8 SHAWS PARK Sold Prices

Land registry data shows four sales for 8 SHAWS PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 8 SHAWS PARK 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
2021 30 SEP	£500,000	£299,685	67% above HPI
2016 17 JUN	£375,000	£248,538	51% above HPI
2006 31 MAR	£257,000	£237,996	8% above HPI
2000 5 OCT	£155,000	£109,148	42% above HPI

8 SHAWS PARK 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 four 8 SHAWS PARK sales between October 2000 and September 2021 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 2016 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2021 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 8 SHAWS PARK be worth now?

8 SHAWS PARK might now be worth an estimated £600,063.

This is based on house price inflation of 20%, between September 2021 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 20% inflationary increase is applied to the most recent sale price for 8 SHAWS PARK of £500,000 on 30th September 2021. For the value to have increased from £500,000 to £600,063 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 8 SHAWS PARK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHAWS PARK has not materially changed since September 2021.

How Large is 8 SHAWS PARK?

8 SHAWS PARK is 228m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 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 8 SHAWS PARK lies on this distribution: 91% of detached houses houses are smaller than 8 SHAWS PARK, and 9% of houses are larger. Note that EPC data is not available for all properties in Hexham.

8 SHAWS PARK: Plot and Title Map

8 SHAWS PARK sits on a plot of roughly 50.2 acres, or 202,965m². The below map shows the location of 8 SHAWS PARK, 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 8 SHAWS PARK). 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 8 SHAWS PARK?

8 SHAWS PARK is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 8 on SHAWS PARK.