3, LEAZES PARK, HEXHAM, NE46 3AX - £475,000

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.

3 LEAZES PARK is a large extended detached house of 172m², built sometime between 1967 and 1975, which could now be worth an estimated £519,101. It was last sold for £475,000 in December 2022, which was around 41% above the average December 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

3 LEAZES PARK Sold Prices

Land registry data shows one sale for 3 LEAZES PARK 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
2022 2 DEC	£475,000	£336,249	41% above HPI

What might 3 LEAZES PARK be worth now?

3 LEAZES PARK might now be worth an estimated £519,101.

This is based on house price inflation of 9.3%, between December 2022 and May 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 9.3% inflationary increase is applied to the most recent sale price for 3 LEAZES PARK of £475,000 on 2nd December 2022. For the value to have increased from £475,000 to £519,101 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 LEAZES PARK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEAZES PARK has not materially changed since December 2022.

How Large is 3 LEAZES PARK?

3 LEAZES PARK is 172m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 3 LEAZES PARK lies on this distribution: 74% of detached houses are smaller than 3 LEAZES PARK, and 25% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

3 LEAZES PARK: Plot

3 LEAZES PARK sits on a plot of roughly 3.4 acres, or 13,895m².

Where is 3 LEAZES PARK?

3 LEAZES PARK is located in HEXHAM, in the NE46 postcode district.