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
16 ELM COURT is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £395,000 in December 2023, which was around 41% above the average December 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 ELM COURT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 16 ELM COURT 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 |
---|---|---|---|
2023 18 DEC | £395,000 | £280,347 | 41% above HPI |
2001 16 MAR | £131,500 | £92,605 | 42% above HPI |
1995 23 JUN | £110,500 | £73,132 | 51% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 16 ELM COURT sales between June 1995 and December 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 March 2001 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.
16 ELM COURT is 128m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 16 ELM COURT lies on this distribution: 62% of detached houses are smaller than 16 ELM COURT, and 37% of houses are larger. Note that EPC data is not available for all properties in Whickham.
16 ELM COURT sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 16 ELM COURT, 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 16 ELM COURT). 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.
16 ELM COURT is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 16 on ELM COURT.