15, THE GREEN, ELWICK, HARTLEPOOL, TS27 3ED - £257,500

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 THE GREEN is a small detached house of 122m², built sometime before 1900, which could now be worth an estimated £350,664. It was last sold for £257,500 in February 2019, which was around 41% above the average February 2019 detached price in the Hartlepool local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was A.

15 THE GREEN Sold Prices

Land registry data shows three sales for 15 THE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hartlepool local authority area for the corresponding sale date. All of the three 15 THE GREEN sales were 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
2019 1 FEB	£257,500	£182,719	41% above HPI
2016 16 SEP	£300,000	£178,583	68% above HPI
1999 16 AUG	£125,000	£74,414	68% above HPI

15 THE GREEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The three 15 THE GREEN sales between August 1999 and February 2019 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 September 2016 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2019 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 15 THE GREEN be worth now?

15 THE GREEN might now be worth an estimated £350,664.

This is based on house price inflation of 36.2%, between February 2019 and February 2025, for detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 15 THE GREEN of £257,500 on 1st February 2019. For the value to have increased from £257,500 to £350,664 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 THE GREEN has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The February 2019 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 15 THE GREEN has not materially changed since February 2019.

How Large is 15 THE GREEN?

15 THE GREEN is 122m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses houses in Elwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elwick, and where 15 THE GREEN lies on this distribution: 31% of detached houses houses are smaller than 15 THE GREEN, and 69% of houses are larger. Note that EPC data is not available for all properties in Elwick.

15 THE GREEN: Plot and Title Map

15 THE GREEN sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 15 THE GREEN, 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 15 THE GREEN). 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 15 THE GREEN?

15 THE GREEN is located in ELWICK, in the TS27 postcode district. The below map shows the position of No. 15 on THE GREEN.