16, RYE TERRACE, HEXHAM, NE46 3DX - £131,300

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.

16 RYE TERRACE is a small extended flat of 54m², built sometime between 1900 and 1929, which could now be worth an estimated £136,820. It was last sold for £131,300 in October 2023, which was around 32% above the average October 2023 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was D.

16 RYE TERRACE Sold Prices

Land registry data shows four sales for 16 RYE TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the four 16 RYE TERRACE 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 12 OCT	£131,300	£99,824	32% above HPI
2018 16 NOV	£110,000	£82,850	33% above HPI
1997 15 SEP	£43,000	£28,930	49% above HPI
1995 28 APR	£42,500	£29,342	45% above HPI

What might 16 RYE TERRACE be worth now?

16 RYE TERRACE might now be worth an estimated £136,820.

This is based on house price inflation of 4.2%, between October 2023 and May 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 16 RYE TERRACE of £131,300 on 12th October 2023. For the value to have increased from £131,300 to £136,820 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 16 RYE TERRACE has moved in line with the HPI for flats in the Northumberland local authority area.
• The October 2023 sale price of £131,300 represented a fair market value for the property.
• The size, condition, and specification of 16 RYE TERRACE has not materially changed since October 2023.

How Large is 16 RYE TERRACE?

16 RYE TERRACE is 54m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of flats in Hexham, based on EPC data. 25% of flats are smaller than 16 RYE TERRACE, and 73% of flats are larger. Note that EPC data is not available for all properties in Hexham.

16 RYE TERRACE: Plot

16 RYE TERRACE sits on a plot of roughly 0.027 of an acre, or 110m².

Where is 16 RYE TERRACE?

16 RYE TERRACE is located in HEXHAM, in the NE46 postcode district.