24, LAXFORD, BIRTLEY, CHESTER LE STREET, DH3 2DR - £95,000

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.

24 LAXFORD is a very small semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £132,647. It was last sold for £95,000 in May 2014, which was around 23% below the average May 2014 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

24 LAXFORD Sold Prices

Land registry data shows two sales for 24 LAXFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 24 LAXFORD sales were for below 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
2014 30 MAY	£95,000	£123,601	23% below HPI
2006 30 JUN	£111,000	£130,254	15% below HPI

24 LAXFORD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 24 LAXFORD sales from June 2006 and May 2014 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 LAXFORD be worth now?

24 LAXFORD might now be worth an estimated £132,647.

This is based on house price inflation of 39.6%, between May 2014 and February 2025, for semi-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 39.6% inflationary increase is applied to the most recent sale price for 24 LAXFORD of £95,000 on 30th May 2014. For the value to have increased from £95,000 to £132,647 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 24 LAXFORD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2014 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAXFORD has not materially changed since May 2014.

How Large is 24 LAXFORD?

24 LAXFORD is 74m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of semi-detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birtley, and where 24 LAXFORD lies on this distribution: 5% of semi-detached houses houses are smaller than 24 LAXFORD, and 95% of houses are larger. Note that EPC data is not available for all properties in Birtley.

24 LAXFORD: Plot and Title Map

24 LAXFORD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 24 LAXFORD, 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 LAXFORD). 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 24 LAXFORD?

24 LAXFORD is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 24 on LAXFORD.