4, THE CHASE, HEXHAM, NE46 2LU - £278,000

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.

4 THE CHASE is a small extended detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £370,520. It was last sold for £278,000 in August 2019, which was around 3% above the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

4 THE CHASE Sold Prices

Land registry data shows one sale for 4 THE CHASE 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
2019 9 AUG	£278,000	£269,852	3% above HPI

What might 4 THE CHASE be worth now?

4 THE CHASE might now be worth an estimated £370,520.

This is based on house price inflation of 33.3%, between August 2019 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 33.3% inflationary increase is applied to the most recent sale price for 4 THE CHASE of £278,000 on 9th August 2019. For the value to have increased from £278,000 to £370,520 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 4 THE CHASE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2019 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CHASE has not materially changed since August 2019.

How Large is 4 THE CHASE?

4 THE CHASE is 118m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 4 THE CHASE lies on this distribution: 31% of detached houses are smaller than 4 THE CHASE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

4 THE CHASE: Plot

4 THE CHASE sits on a plot of roughly 0.089 of an acre, or 359m².

Where is 4 THE CHASE?

4 THE CHASE is located in HEXHAM, in the NE46 postcode district.