5, GREENFIELD WAY, BIRTLEY, CHESTER LE STREET, DH3 1GG - £225,000

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

5 GREENFIELD WAY is a midsized detached house of 112m², which could now be worth an estimated £288,188. It was last sold for £225,000 in June 2016, which was around 1% above the average June 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

5 GREENFIELD WAY Sold Prices

Land registry data shows two sales for 5 GREENFIELD WAY 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 5 GREENFIELD WAY 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
2016 1 JUN	£225,000	£223,389	1% above HPI
2013 27 SEP	£209,950	£205,445	2% above HPI

5 GREENFIELD WAY 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 5 GREENFIELD WAY sales from September 2013 and June 2016 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 September 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 GREENFIELD WAY be worth now?

5 GREENFIELD WAY might now be worth an estimated £288,188.

This is based on house price inflation of 28.1%, between June 2016 and December 2024, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 5 GREENFIELD WAY of £225,000 on 1st June 2016. For the value to have increased from £225,000 to £288,188 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 5 GREENFIELD WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENFIELD WAY has not materially changed since June 2016.

How Large is 5 GREENFIELD WAY?

5 GREENFIELD WAY is 112m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birtley, and where 5 GREENFIELD WAY lies on this distribution: 47% of detached houses houses are smaller than 5 GREENFIELD WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Birtley.

5 GREENFIELD WAY: Plot and Title Map

5 GREENFIELD WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 5 GREENFIELD WAY, 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 5 GREENFIELD WAY). 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 5 GREENFIELD WAY?

5 GREENFIELD WAY is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 5 on GREENFIELD WAY.