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
21 GIBSON FIELDS is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £290,000 in June 2023, which was around 9% below the average June 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 21 GIBSON FIELDS since 1st 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. Two of the three 21 GIBSON FIELDS sales were for below the average price, whilst one was 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 20 JUN | £290,000 | £317,558 | 9% below HPI |
2020 5 OCT | £245,000 | £279,307 | 12% below HPI |
1999 24 SEP | £104,750 | £97,365 | 8% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 21 GIBSON FIELDS sales between September 1999 and June 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 October 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
21 GIBSON FIELDS is 81m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 21 GIBSON FIELDS lies on this distribution: 4% of detached houses are smaller than 21 GIBSON FIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Hexham.
21 GIBSON FIELDS sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 21 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 21 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.
21 GIBSON FIELDS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 21 on GIBSON FIELDS.