4, NORTH CLOSE, ELWICK, HARTLEPOOL, TS27 3EQ - £292,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 NORTH CLOSE is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £374,280. It was last sold for £292,500 in December 2020, which was around 54% above the average December 2020 detached price in the Hartlepool local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

4 NORTH CLOSE Sold Prices

Land registry data shows three sales for 4 NORTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hartlepool local authority area for the corresponding sale date. All of the three 4 NORTH CLOSE sales were for above 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
2020 4 DEC	£292,500	£190,192	54% above HPI
2004 17 DEC	£230,000	£148,580	55% above HPI
1999 26 JUL	£75,000	£73,900	1% above HPI

4 NORTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The three 4 NORTH CLOSE sales between July 1999 and December 2020 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 December 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 4 NORTH CLOSE be worth now?

4 NORTH CLOSE might now be worth an estimated £374,280.

This is based on house price inflation of 28%, between December 2020 and December 2024, for detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 4 NORTH CLOSE of £292,500 on 4th December 2020. For the value to have increased from £292,500 to £374,280 over the four years to December 2024, the following assumptions must hold true:

• The value of 4 NORTH CLOSE has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The December 2020 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 4 NORTH CLOSE has not materially changed since December 2020.

How Large is 4 NORTH CLOSE?

4 NORTH CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses houses in Elwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elwick, and where 4 NORTH CLOSE lies on this distribution: 72% of detached houses houses are smaller than 4 NORTH CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Elwick.

4 NORTH CLOSE: Plot and Title Map

4 NORTH CLOSE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 4 NORTH CLOSE, 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 4 NORTH CLOSE). 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 4 NORTH CLOSE?

4 NORTH CLOSE is located in ELWICK, in the TS27 postcode district. The below map shows the position of No. 4 on NORTH CLOSE.