2, LEAFIELD CLOSE, BIRTLEY, CHESTER LE STREET, DH3 1RX - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LEAFIELD CLOSE is a midsized detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £272,137. It was last sold for £240,000 in December 2021, which was around 5% below the average December 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 LEAFIELD CLOSE Sold Prices

Land registry data shows five sales for 2 LEAFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the five 2 LEAFIELD CLOSE 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
2021 17 DEC	£240,000	£252,336	5% below HPI
2016 2 MAR	£223,000	£214,155	4% above HPI
2014 10 JUN	£225,000	£204,606	10% above HPI
2004 2 JUL	£220,000	£188,458	17% above HPI
2003 1 DEC	£189,950	£167,697	13% above HPI

2 LEAFIELD CLOSE 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 five 2 LEAFIELD CLOSE sales between December 2003 and December 2021 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 LEAFIELD CLOSE be worth now?

2 LEAFIELD CLOSE might now be worth an estimated £272,137.

This is based on house price inflation of 13.4%, between December 2021 and December 2024, 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 13.4% inflationary increase is applied to the most recent sale price for 2 LEAFIELD CLOSE of £240,000 on 17th December 2021. For the value to have increased from £240,000 to £272,137 over the three years to December 2024, the following assumptions must hold true:

• The value of 2 LEAFIELD CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEAFIELD CLOSE has not materially changed since December 2021.

How Large is 2 LEAFIELD CLOSE?

2 LEAFIELD CLOSE is 114m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% 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 2 LEAFIELD CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 LEAFIELD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Birtley.

2 LEAFIELD CLOSE: Plot and Title Map

2 LEAFIELD CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 LEAFIELD CLOSE, 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 2 LEAFIELD CLOSE). 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 2 LEAFIELD CLOSE?

2 LEAFIELD CLOSE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 2 on LEAFIELD CLOSE.