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
24 ELM COURT is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £352,000 in June 2018, which was around 53% above the average June 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 24 ELM COURT since 1st 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 24 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 |
---|---|---|---|
2018 29 JUN | £352,000 | £230,361 | 53% above HPI |
2003 5 DEC | £240,000 | £168,834 | 42% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 24 ELM COURT sales from December 2003 and June 2018 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 December 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
24 ELM COURT is 172m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 24 ELM COURT lies on this distribution: 84% of detached houses are smaller than 24 ELM COURT, and 16% of houses are larger. Note that EPC data is not available for all properties in Whickham.
24 ELM COURT sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 24 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 24 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.
24 ELM COURT is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 24 on ELM COURT.