2, HOLLY CLOSE, HEXHAM, NE46 2RF - £295,000

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 HOLLY CLOSE is a midsized extended detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £438,521. It was last sold for £295,000 in October 2011, which was around 22% above the average October 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 HOLLY CLOSE Sold Prices

Land registry data shows one sale for 2 HOLLY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 24 OCT	£295,000	£241,949	22% above HPI

What might 2 HOLLY CLOSE be worth now?

2 HOLLY CLOSE might now be worth an estimated £438,521.

This is based on house price inflation of 48.7%, between October 2011 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 48.7% inflationary increase is applied to the most recent sale price for 2 HOLLY CLOSE of £295,000 on 24th October 2011. For the value to have increased from £295,000 to £438,521 over the fifteen years and six months to April 2026, the following assumptions must hold true:

• The value of 2 HOLLY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLY CLOSE has not materially changed since October 2011.

How Large is 2 HOLLY CLOSE?

2 HOLLY CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% 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 HOLLY CLOSE lies on this distribution: 46% of detached houses are smaller than 2 HOLLY CLOSE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

2 HOLLY CLOSE: Plot

2 HOLLY CLOSE sits on a plot of roughly 18.8 acres, or 76,092m².

Where is 2 HOLLY CLOSE?

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