15, MOONFIELD, HEXHAM, NE46 1EG - £227,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 MOONFIELD is a very small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £316,796. It was last sold for £227,000 in December 2017, which was around 14% below the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

15 MOONFIELD Sold Prices

Land registry data shows three sales for 15 MOONFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 15 MOONFIELD sales were for below the average price, whilst one was 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
2017 14 DEC	£227,000	£263,309	14% below HPI
2016 29 NOV	£210,000	£259,146	19% below HPI
1995 20 FEB	£88,500	£84,623	5% above HPI

15 MOONFIELD 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 three 15 MOONFIELD sales between February 1995 and December 2017 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 November 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 MOONFIELD be worth now?

15 MOONFIELD might now be worth an estimated £316,796.

This is based on house price inflation of 39.6%, between December 2017 and May 2026, 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 39.6% inflationary increase is applied to the most recent sale price for 15 MOONFIELD of £227,000 on 14th December 2017. For the value to have increased from £227,000 to £316,796 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 15 MOONFIELD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2017 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MOONFIELD has not materially changed since December 2017.

How Large is 15 MOONFIELD?

15 MOONFIELD is 95m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 15 MOONFIELD lies on this distribution: 12% of detached houses are smaller than 15 MOONFIELD, and 88% of detached houses are larger. Note that EPC data is not available for all properties in Hexham.

15 MOONFIELD: Plot

15 MOONFIELD sits on a plot of roughly 87.2 acres, or 352,960m².

Where is 15 MOONFIELD?

15 MOONFIELD is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 15 on MOONFIELD.