51, BRIGHTLEA, BIRTLEY, CHESTER LE STREET, DH3 1RL - £170,000

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

51 BRIGHTLEA is a midsized extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £170,000 in August 2008, which was around 23% below the average August 2008 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

51 BRIGHTLEA Sold Prices

Land registry data shows four sales for 51 BRIGHTLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 51 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
2008 18 AUG	£170,000	£222,052	23% below HPI
2003 30 JAN	£121,000	£124,174	3% below HPI
1998 17 JUL	£70,000	£77,928	10% below HPI
1996 28 JUN	£63,500	£69,839	9% below HPI

51 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 four 51 BRIGHTLEA sales between June 1996 and August 2008 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 January 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2008 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 51 BRIGHTLEA?

51 BRIGHTLEA is 105m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 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 51 BRIGHTLEA lies on this distribution: 40% of detached houses are smaller than 51 BRIGHTLEA, and 59% of houses are larger. Note that EPC data is not available for all properties in Birtley.

51 BRIGHTLEA: Plot and Title Map

51 BRIGHTLEA sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 51 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 51 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 51 BRIGHTLEA?

51 BRIGHTLEA is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 51 on BRIGHTLEA.