11, ELVET CLOSE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 7HE - £232,000

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

11 ELVET CLOSE is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £232,000 in June 2016, which was around 13% below the average June 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

11 ELVET CLOSE Sold Prices

Land registry data shows three sales for 11 ELVET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 11 ELVET CLOSE 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
2016 1 JUN	£232,000	£266,170	13% below HPI
2011 5 AUG	£190,000	£229,044	17% below HPI
2011 30 JUN	£200,000	£232,514	14% below HPI

11 ELVET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 11 ELVET CLOSE sales between June 2011 and June 2016 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 August 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 ELVET CLOSE?

11 ELVET CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Brunswick Village, based on EPC data. The below chart shows the distribution of detached houses by size in Brunswick Village, and where 11 ELVET CLOSE lies on this distribution: 79% of detached houses are smaller than 11 ELVET CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Brunswick Village.

11 ELVET CLOSE: Plot and Title Map

11 ELVET CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 11 ELVET CLOSE, 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 11 ELVET CLOSE). 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 11 ELVET CLOSE?

11 ELVET CLOSE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 11 on ELVET CLOSE.