38, BRIGHTLEA, BIRTLEY, CHESTER LE STREET, DH3 1RL - £191,440

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 BRIGHTLEA is a small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £191,440 in February 2023, which was around 30% below the average February 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

38 BRIGHTLEA Sold Prices

Land registry data shows five sales for 38 BRIGHTLEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the five 38 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
2023 13 FEB	£191,440	£274,719	30% below HPI
2005 4 MAY	£189,950	£188,609	1% above HPI
2004 8 AUG	£184,250	£196,045	6% below HPI
2002 25 JAN	£110,000	£98,579	12% above HPI
1996 11 OCT	£71,000	£75,297	6% below HPI

38 BRIGHTLEA 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 five 38 BRIGHTLEA sales between October 1996 and February 2023 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 May 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 BRIGHTLEA?

38 BRIGHTLEA is 91m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 38 BRIGHTLEA lies on this distribution: 23% of detached houses are smaller than 38 BRIGHTLEA, and 75% of houses are larger. Note that EPC data is not available for all properties in Birtley.

38 BRIGHTLEA: Plot and Title Map

38 BRIGHTLEA sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 38 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 38 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.

Where is 38 BRIGHTLEA?

38 BRIGHTLEA is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 38 on BRIGHTLEA.