2, DIPTON CLOSE, HEXHAM, NE46 1UG - £235,000

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.

2 DIPTON CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £280,646. It was last sold for £235,000 in June 2021, which was around 22% below the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

2 DIPTON CLOSE Sold Prices

Land registry data shows four sales for 2 DIPTON CLOSE 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 2 DIPTON CLOSE 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
2021 11 JUN	£235,000	£301,163	22% below HPI
2015 31 JUL	£168,000	£248,260	32% below HPI
2003 12 SEP	£150,000	£184,192	19% below HPI
2003 12 SEP	£150,000	£184,192	19% below HPI

What might 2 DIPTON CLOSE be worth now?

2 DIPTON CLOSE might now be worth an estimated £280,646.

This is based on house price inflation of 19.4%, between June 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 19.4% inflationary increase is applied to the most recent sale price for 2 DIPTON CLOSE of £235,000 on 11th June 2021. For the value to have increased from £235,000 to £280,646 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 2 DIPTON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DIPTON CLOSE has not materially changed since June 2021.

How Large is 2 DIPTON CLOSE?

2 DIPTON CLOSE is 81m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 2 DIPTON CLOSE lies on this distribution: 4% of detached houses are smaller than 2 DIPTON CLOSE, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

2 DIPTON CLOSE: Plot

2 DIPTON CLOSE sits on a plot of roughly 21.3 acres, or 86,193m².

Where is 2 DIPTON CLOSE?

2 DIPTON CLOSE is located in HEXHAM, in the NE46 postcode district.