12, BRIGHTLEA, BIRTLEY, CHESTER LE STREET, DH3 1RL - £240,000

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

12 BRIGHTLEA is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £240,000 in July 2023, which was around 14% below the average July 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

12 BRIGHTLEA Sold Prices

Land registry data shows two sales for 12 BRIGHTLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 12 BRIGHTLEA 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
2023 6 JUL	£240,000	£279,939	14% below HPI
1996 29 MAY	£63,250	£70,900	11% below HPI

12 BRIGHTLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 12 BRIGHTLEA sales from May 1996 and July 2023 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 BRIGHTLEA?

12 BRIGHTLEA is 94m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 12 BRIGHTLEA lies on this distribution: 25% of detached houses are smaller than 12 BRIGHTLEA, and 74% of houses are larger. Note that EPC data is not available for all properties in Birtley.

12 BRIGHTLEA: Plot and Title Map

12 BRIGHTLEA sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 12 BRIGHTLEA, 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 12 BRIGHTLEA). 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 12 BRIGHTLEA?

12 BRIGHTLEA is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 12 on BRIGHTLEA.