2, SOUTHLANDS, HEXHAM, NE46 2NG - £170,000

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 SOUTHLANDS is a small extended semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £248,944. It was last sold for £170,000 in June 2017, which was around 23% above the average June 2017 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was A.

2 SOUTHLANDS Sold Prices

Land registry data shows one sale for 2 SOUTHLANDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2017 23 JUN	£170,000	£137,895	23% above HPI

What might 2 SOUTHLANDS be worth now?

2 SOUTHLANDS might now be worth an estimated £248,944.

This is based on house price inflation of 46.4%, between June 2017 and May 2026, for semi-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 46.4% inflationary increase is applied to the most recent sale price for 2 SOUTHLANDS of £170,000 on 23rd June 2017. For the value to have increased from £170,000 to £248,944 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 2 SOUTHLANDS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The June 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHLANDS has not materially changed since June 2017.

How Large is 2 SOUTHLANDS?

2 SOUTHLANDS is 80m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of semi-detached houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Hexham, and where 2 SOUTHLANDS lies on this distribution: 29% of semi-detached houses are smaller than 2 SOUTHLANDS, and 70% of semi-detached houses are larger. Note that EPC data is not available for all properties in Hexham.

2 SOUTHLANDS: Plot

2 SOUTHLANDS sits on a plot of roughly 71.1 acres, or 287,889m².

Where is 2 SOUTHLANDS?

2 SOUTHLANDS is located in HEXHAM, in the NE46 postcode district.