4, MONKS MEADOWS, HEXHAM, NE46 1LF - £185,000

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

4 MONKS MEADOWS is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £247,258. It was last sold for £185,000 in February 2018, which was around 30% below the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

4 MONKS MEADOWS Sold Prices

Land registry data shows two sales for 4 MONKS MEADOWS 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 4 MONKS MEADOWS sales were 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
2018 14 FEB	£185,000	£266,036	30% below HPI
1996 17 MAY	£71,000	£83,531	15% below HPI

4 MONKS MEADOWS 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 4 MONKS MEADOWS sales from May 1996 and February 2018 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 MONKS MEADOWS be worth now?

4 MONKS MEADOWS might now be worth an estimated £247,258.

This is based on house price inflation of 33.7%, between February 2018 and December 2024, for 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 33.7% inflationary increase is applied to the most recent sale price for 4 MONKS MEADOWS of £185,000 on 14th February 2018. For the value to have increased from £185,000 to £247,258 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 4 MONKS MEADOWS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONKS MEADOWS has not materially changed since February 2018.

How Large is 4 MONKS MEADOWS?

4 MONKS MEADOWS is 80m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 4 MONKS MEADOWS lies on this distribution: 4% of detached houses houses are smaller than 4 MONKS MEADOWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Hexham.

4 MONKS MEADOWS: Plot and Title Map

4 MONKS MEADOWS sits on a plot of roughly 48.1 acres, or 194,510m². The below map shows the location of 4 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 4 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 4 MONKS MEADOWS?

4 MONKS MEADOWS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 4 on MONKS MEADOWS.