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
26 GIBSON FIELDS is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £315,000 in September 2024, which was around 12% below the average September 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 26 GIBSON FIELDS since 1st 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. Most of the four 26 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 |
---|---|---|---|
2024 12 SEP | £315,000 | £357,418 | 12% below HPI |
2014 28 AUG | £247,500 | £236,997 | 4% above HPI |
2005 27 OCT | £240,000 | £236,067 | 2% above HPI |
1999 4 JUN | £97,500 | £95,555 | 2% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 26 GIBSON FIELDS sales between June 1999 and September 2024 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 August 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
26 GIBSON FIELDS is 81m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 26 GIBSON FIELDS lies on this distribution: 4% of detached houses are smaller than 26 GIBSON FIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Hexham.
26 GIBSON FIELDS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 26 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 26 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.
26 GIBSON FIELDS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 26 on GIBSON FIELDS.