18, LOCKWOOD AVENUE, BIRTLEY, CHESTER LE STREET, DH3 1GN - £267,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 LOCKWOOD AVENUE is a very large extended detached house of 153m². It was last sold for £267,500 in August 2020, which was around 12% above the average August 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

18 LOCKWOOD AVENUE Sold Prices

Land registry data shows two sales for 18 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. Both of the two 18 LOCKWOOD AVENUE 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
2020 19 AUG	£267,500	£238,108	12% above HPI
2015 25 JUN	£229,950	£208,790	10% above HPI

18 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 18 LOCKWOOD AVENUE sales from June 2015 and August 2020 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 18 LOCKWOOD AVENUE?

18 LOCKWOOD AVENUE is 153m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 18 LOCKWOOD AVENUE lies on this distribution: 87% of detached houses are smaller than 18 LOCKWOOD AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Birtley.

18 LOCKWOOD AVENUE: Plot and Title Map

18 LOCKWOOD AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 18 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 18 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 18 LOCKWOOD AVENUE?

18 LOCKWOOD AVENUE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 18 on LOCKWOOD AVENUE.