17, LOCKWOOD AVENUE, BIRTLEY, CHESTER LE STREET, DH3 1GN - £208,000

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.

17 LOCKWOOD AVENUE is a small detached house of 100m², which could now be worth an estimated £254,585. It was last sold for £208,000 in October 2017, which was around 9% below the average October 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

17 LOCKWOOD AVENUE Sold Prices

Land registry data shows two sales for 17 LOCKWOOD AVENUE 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. One of the two 17 LOCKWOOD AVENUE sales was for below the average price, whilst the other 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 6 OCT	£208,000	£229,586	9% below HPI
2014 30 JUN	£206,950	£204,606	1% above HPI

17 LOCKWOOD AVENUE 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 17 LOCKWOOD AVENUE sales from June 2014 and October 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 June 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 17 LOCKWOOD AVENUE be worth now?

17 LOCKWOOD AVENUE might now be worth an estimated £254,585.

This is based on house price inflation of 22.4%, between October 2017 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 17 LOCKWOOD AVENUE of £208,000 on 6th October 2017. For the value to have increased from £208,000 to £254,585 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 LOCKWOOD AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The October 2017 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LOCKWOOD AVENUE has not materially changed since October 2017.

How Large is 17 LOCKWOOD AVENUE?

17 LOCKWOOD AVENUE is 100m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birtley, and where 17 LOCKWOOD AVENUE lies on this distribution: 31% of detached houses houses are smaller than 17 LOCKWOOD AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Birtley.

17 LOCKWOOD AVENUE: Plot and Title Map

17 LOCKWOOD AVENUE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 17 LOCKWOOD AVENUE, 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 17 LOCKWOOD AVENUE). 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 17 LOCKWOOD AVENUE?

17 LOCKWOOD AVENUE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 17 on LOCKWOOD AVENUE.