2, AMERICAN GARDENS, WARK, HEXHAM, NE48 3JP - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 AMERICAN GARDENS is a large detached house of 198m², built sometime between 2003 and 2006. It was last sold for £420,000 in September 2023, which was around 28% above the average September 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

2 AMERICAN GARDENS Sold Prices

Land registry data shows four sales for 2 AMERICAN GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 2 AMERICAN GARDENS 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
2023 29 SEP	£420,000	£328,145	28% above HPI
2013 10 MAY	£290,000	£227,873	27% above HPI
2006 26 JUL	£299,950	£241,889	24% above HPI
2003 30 JAN	£185,000	£145,917	27% above HPI

2 AMERICAN GARDENS 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 four 2 AMERICAN GARDENS sales between January 2003 and September 2023 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 May 2013 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 AMERICAN GARDENS?

2 AMERICAN GARDENS is 198m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Wark, based on EPC data. The below chart shows the distribution of detached houses by size in Wark, and where 2 AMERICAN GARDENS lies on this distribution: 72% of detached houses are smaller than 2 AMERICAN GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Wark.

2 AMERICAN GARDENS: Plot and Title Map

2 AMERICAN GARDENS sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 2 AMERICAN GARDENS, 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 2 AMERICAN GARDENS). 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 2 AMERICAN GARDENS?

2 AMERICAN GARDENS is located in WARK, in the NE48 postcode district. The below map shows the position of No. 2 on AMERICAN GARDENS.