3, SHAFTOE LEAZES, HEXHAM, NE46 3DF - £206,000

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 SHAFTOE LEAZES is a very large extended terraced house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £320,866. It was last sold for £206,000 in October 2013, which was around 90% above the average October 2013 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

3 SHAFTOE LEAZES Sold Prices

Land registry data shows one sale for 3 SHAFTOE LEAZES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2013 25 OCT	£206,000	£108,398	90% above HPI

What might 3 SHAFTOE LEAZES be worth now?

3 SHAFTOE LEAZES might now be worth an estimated £320,866.

This is based on house price inflation of 55.8%, between October 2013 and May 2026, for terraced 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 55.8% inflationary increase is applied to the most recent sale price for 3 SHAFTOE LEAZES of £206,000 on 25th October 2013. For the value to have increased from £206,000 to £320,866 over the thirteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 SHAFTOE LEAZES has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The October 2013 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHAFTOE LEAZES has not materially changed since October 2013.

How Large is 3 SHAFTOE LEAZES?

3 SHAFTOE LEAZES is 151m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of terraced houses in Hexham, based on EPC data. The below chart shows the distribution of terraced houses by size in Hexham, and where 3 SHAFTOE LEAZES lies on this distribution: 83% of terraced houses are smaller than 3 SHAFTOE LEAZES, and 16% of terraced houses are larger. Note that EPC data is not available for all properties in Hexham.

3 SHAFTOE LEAZES: Plot

3 SHAFTOE LEAZES sits on a plot of roughly 0.058 of an acre, or 233m².

Where is 3 SHAFTOE LEAZES?

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