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

4 MONKS MEADOWS is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £185,000 in February 2018, which was around 28% 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	£257,745	28% below HPI
1996 17 MAY	£71,000	£80,928	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 4 MONKS MEADOWS lies on this distribution: 5% of detached houses are smaller than 4 MONKS MEADOWS, and 95% 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 0.077 of an acre, or 312m². 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.