THE TANNERY, DIPTON MILL ROAD, HEXHAM, NE46 1RT - £595,000

THE TANNERY is a very large extended detached house of 263m², built sometime before 1900. It was last sold for £595,000 in March 2011, which was around 152% above the average March 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

THE TANNERY Sold Prices

Land registry data shows two sales for THE TANNERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two THE TANNERY 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
2011 29 MAR	£595,000	£236,563	152% above HPI
2001 3 JAN	£250,000	£103,038	143% above HPI

THE TANNERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two THE TANNERY sales from January 2001 and March 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2001 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the March 2011 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

How Large is THE TANNERY?

THE TANNERY is 263m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where THE TANNERY lies on this distribution: 95% of detached houses are smaller than THE TANNERY, and 5% of houses are larger. Note that EPC data is not available for all properties in Hexham.

THE TANNERY: Plot and Title Map

THE TANNERY sits on a plot of roughly 42.9 acres, or 173,783m². The below map shows the location of THE TANNERY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE TANNERY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE TANNERY?

THE TANNERY is located on DIPTON MILL ROAD in HEXHAM, in the NE46 postcode district. The below map shows the position of THE TANNERY on DIPTON MILL ROAD.