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

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 LAXFORD is a very small semi-detached house of 74m², built sometime between 1950 and 1966. It was last sold for £95,000 in May 2014, which was around 53% below the average May 2014 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 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	£203,434	53% below HPI
2006 30 JUN	£111,000	£209,073	47% below HPI

24 LAXFORD 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 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2014 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

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 detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 24 LAXFORD lies on this distribution: 5% of detached 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.