38, GIBSON FIELDS, HEXHAM, NE46 1AS - £315,000

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

38 GIBSON FIELDS is a small detached house of 122m², built sometime between 1996 and 2002. It was last sold for £315,000 in August 2012, which was around 35% above the average August 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

38 GIBSON FIELDS Sold Prices

Land registry data shows two sales for 38 GIBSON FIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 38 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
2012 22 AUG	£315,000	£232,782	35% above HPI
1999 7 MAY	£150,500	£93,402	61% above HPI

38 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 two 38 GIBSON FIELDS sales from May 1999 and August 2012 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 1999 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2012 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 38 GIBSON FIELDS?

38 GIBSON FIELDS is 122m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 38 GIBSON FIELDS lies on this distribution: 35% of detached houses are smaller than 38 GIBSON FIELDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Hexham.

38 GIBSON FIELDS: Plot and Title Map

38 GIBSON FIELDS sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 38 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 38 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 38 GIBSON FIELDS?

38 GIBSON FIELDS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 38 on GIBSON FIELDS.