1, GIBSON FIELDS, HEXHAM, NE46 1AS - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GIBSON FIELDS is a large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £460,000 in January 2021, which was around 62% above the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

1 GIBSON FIELDS Sold Prices

Land registry data shows three sales for 1 GIBSON FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 1 GIBSON FIELDS 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
2021 29 JAN	£460,000	£283,795	62% above HPI
2001 29 JUN	£230,000	£110,088	109% above HPI
1999 17 DEC	£195,000	£100,431	94% above HPI

1 GIBSON FIELDS 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 three 1 GIBSON FIELDS sales between December 1999 and January 2021 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 June 2001 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the January 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 1 GIBSON FIELDS?

1 GIBSON FIELDS is 185m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 1 GIBSON FIELDS lies on this distribution: 80% of detached houses are smaller than 1 GIBSON FIELDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 GIBSON FIELDS: Plot and Title Map

1 GIBSON FIELDS sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 1 GIBSON FIELDS, 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 1 GIBSON FIELDS). 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 1 GIBSON FIELDS?

1 GIBSON FIELDS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 1 on GIBSON FIELDS.