40, ELM CRESCENT, BIRTLEY, CHESTER LE STREET, DH3 1GH - £285,000

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

40 ELM CRESCENT is a small detached house of 101m². It was last sold for £285,000 in December 2022, which was around 3% above the average December 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

40 ELM CRESCENT Sold Prices

Land registry data shows three sales for 40 ELM CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 40 ELM CRESCENT 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
2022 8 DEC	£285,000	£276,577	3% above HPI
2015 22 MAY	£227,000	£209,137	9% above HPI
2013 28 JUN	£215,995	£199,678	8% above HPI

40 ELM CRESCENT 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 three 40 ELM CRESCENT sales between June 2013 and December 2022 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 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 40 ELM CRESCENT?

40 ELM CRESCENT is 101m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 40 ELM CRESCENT lies on this distribution: 36% of detached houses are smaller than 40 ELM CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Birtley.

40 ELM CRESCENT: Plot and Title Map

40 ELM CRESCENT sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 40 ELM CRESCENT, 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 40 ELM CRESCENT). 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 40 ELM CRESCENT?

40 ELM CRESCENT is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 40 on ELM CRESCENT.