54, BRIGHTLEA, BIRTLEY, CHESTER LE STREET, DH3 1RL - £180,000

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

54 BRIGHTLEA is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £180,000 in August 2004, which was around 8% below the average August 2004 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

54 BRIGHTLEA Sold Prices

Land registry data shows three sales for 54 BRIGHTLEA 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 54 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
2004 27 AUG	£180,000	£196,045	8% below HPI
2001 24 MAY	£91,000	£93,598	3% below HPI
1997 16 JUN	£65,995	£74,668	12% below HPI

54 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 three 54 BRIGHTLEA sales between June 1997 and August 2004 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 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2004 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 54 BRIGHTLEA?

54 BRIGHTLEA is 80m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 54 BRIGHTLEA lies on this distribution: 10% of detached houses are smaller than 54 BRIGHTLEA, and 90% of houses are larger. Note that EPC data is not available for all properties in Birtley.

54 BRIGHTLEA: Plot and Title Map

54 BRIGHTLEA sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 54 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 54 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 54 BRIGHTLEA?

54 BRIGHTLEA is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 54 on BRIGHTLEA.