7, LEAZES PARK, HEXHAM, NE46 3AX - £300,000

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.

7 LEAZES PARK is a very large extended semi-detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £424,934. It was last sold for £300,000 in October 2019, which was around 110% above the average October 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 LEAZES PARK Sold Prices

Land registry data shows two sales for 7 LEAZES PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 LEAZES PARK sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 11 OCT	£300,000	£142,561	110% above HPI
2019 11 OCT	£300,000	£142,561	110% above HPI

What might 7 LEAZES PARK be worth now?

7 LEAZES PARK might now be worth an estimated £424,934.

This is based on house price inflation of 41.6%, between October 2019 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 41.6% inflationary increase is applied to the most recent sale price for 7 LEAZES PARK of £300,000 on 11th October 2019. For the value to have increased from £300,000 to £424,934 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 7 LEAZES PARK has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The October 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LEAZES PARK has not materially changed since October 2019.

How Large is 7 LEAZES PARK?

7 LEAZES PARK is 132m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 20% 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 7 LEAZES PARK lies on this distribution: 82% of semi-detached houses are smaller than 7 LEAZES PARK, and 17% of semi-detached houses are larger. Note that EPC data is not available for all properties in Hexham.

7 LEAZES PARK: Plot

7 LEAZES PARK sits on a plot of roughly 0.077 of an acre, or 311m².

Where is 7 LEAZES PARK?

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