2, MONKS MEADOWS, HEXHAM, NE46 1LF - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MONKS MEADOWS is a very small extended semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £293,161. It was last sold for £215,000 in July 2019, which was around 52% above the average July 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

2 MONKS MEADOWS Sold Prices

Land registry data shows three sales for 2 MONKS MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 2 MONKS MEADOWS sales were for above the average price, whilst one was for below 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 5 JUL	£215,000	£141,841	52% above HPI
2013 24 JUN	£124,000	£124,744	1% below HPI
2009 29 JAN	£174,995	£131,216	33% above HPI

2 MONKS MEADOWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 2 MONKS MEADOWS sales between January 2009 and July 2019 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 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 2 MONKS MEADOWS be worth now?

2 MONKS MEADOWS might now be worth an estimated £293,161.

This is based on house price inflation of 36.4%, between July 2019 and December 2024, 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 36.4% inflationary increase is applied to the most recent sale price for 2 MONKS MEADOWS of £215,000 on 5th July 2019. For the value to have increased from £215,000 to £293,161 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MONKS MEADOWS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The July 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONKS MEADOWS has not materially changed since July 2019.

How Large is 2 MONKS MEADOWS?

2 MONKS MEADOWS is 104m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of semi-detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hexham, and where 2 MONKS MEADOWS lies on this distribution: 19% of semi-detached houses houses are smaller than 2 MONKS MEADOWS, and 80% of houses are larger. Note that EPC data is not available for all properties in Hexham.

2 MONKS MEADOWS: Plot and Title Map

2 MONKS MEADOWS sits on a plot of roughly 48.1 acres, or 194,510m². The below map shows the location of 2 MONKS MEADOWS, 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 MONKS MEADOWS). 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 MONKS MEADOWS?

2 MONKS MEADOWS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 2 on MONKS MEADOWS.