Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
3 BRIGHTLEA is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £135,000 in July 2015, which was around 35% below the average July 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 BRIGHTLEA 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 3 BRIGHTLEA 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 |
---|---|---|---|
2015 27 JUL | £135,000 | £208,273 | 35% below HPI |
1996 19 APR | £62,995 | £68,612 | 8% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 3 BRIGHTLEA sales from April 1996 and July 2015 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 April 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
3 BRIGHTLEA is 80m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 3 BRIGHTLEA lies on this distribution: 10% of detached houses are smaller than 3 BRIGHTLEA, and 90% of houses are larger. Note that EPC data is not available for all properties in Birtley.
3 BRIGHTLEA sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 3 BRIGHTLEA, 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 3 BRIGHTLEA). 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.
3 BRIGHTLEA is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 3 on BRIGHTLEA.