48, DURHAM PLACE, BIRTLEY, CHESTER LE STREET, DH3 2AZ - £199,950

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

48 DURHAM PLACE is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £199,950 in October 2020, which was around 19% below the average October 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

48 DURHAM PLACE Sold Prices

Land registry data shows two sales for 48 DURHAM PLACE 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 48 DURHAM PLACE 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
2020 13 OCT	£199,950	£248,244	19% below HPI
1997 12 MAY	£62,500	£75,051	17% below HPI

48 DURHAM PLACE 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 48 DURHAM PLACE sales from May 1997 and October 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 May 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 48 DURHAM PLACE?

48 DURHAM PLACE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 48 DURHAM PLACE lies on this distribution: 55% of detached houses are smaller than 48 DURHAM PLACE, and 44% of houses are larger. Note that EPC data is not available for all properties in Birtley.

48 DURHAM PLACE: Plot and Title Map

48 DURHAM PLACE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 48 DURHAM PLACE, 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 48 DURHAM PLACE). 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 48 DURHAM PLACE?

48 DURHAM PLACE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 48 on DURHAM PLACE.