3, LONG BANK, BIRTLEY, CHESTER LE STREET, DH3 1PX - £220,000

3 LONG BANK is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £220,000 in March 2019, which was around 4% below the average March 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

3 LONG BANK Sold Prices

Land registry data shows two sales for 3 LONG BANK 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 3 LONG BANK 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
2019 29 MAR	£220,000	£230,054	4% below HPI
2001 4 JUN	£85,000	£94,253	10% below HPI

3 LONG BANK 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 3 LONG BANK sales from June 2001 and March 2019 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 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 LONG BANK?

3 LONG BANK is 106m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% 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 LONG BANK lies on this distribution: 41% of detached houses are smaller than 3 LONG BANK, and 59% of houses are larger. Note that EPC data is not available for all properties in Birtley.

3 LONG BANK: Plot and Title Map

3 LONG BANK sits on a plot of roughly 30.9 acres, or 125,222m². The below map shows the location of 3 LONG BANK, 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 LONG BANK). 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 3 LONG BANK?

3 LONG BANK is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 3 on LONG BANK.