8, MONKS MEADOWS, HEXHAM, NE46 1LF - £319,000

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

8 MONKS MEADOWS is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £319,000 in June 2024, which was around 5% below the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

8 MONKS MEADOWS Sold Prices

Land registry data shows two sales for 8 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 8 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
2024 28 JUN	£319,000	£336,953	5% below HPI
2014 5 DEC	£167,500	£235,538	29% below HPI

8 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 8 MONKS MEADOWS sales from December 2014 and June 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 December 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 MONKS MEADOWS?

8 MONKS MEADOWS is 108m², which includes three extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 8 MONKS MEADOWS lies on this distribution: 23% of detached houses are smaller than 8 MONKS MEADOWS, and 77% of houses are larger. Note that EPC data is not available for all properties in Hexham.

8 MONKS MEADOWS: Plot and Title Map

8 MONKS MEADOWS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 8 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 8 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 8 MONKS MEADOWS?

8 MONKS MEADOWS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 8 on MONKS MEADOWS.