6, ELVET CLOSE, WIDEOPEN, NEWCASTLE UPON TYNE, NE13 7HE - £230,000

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

6 ELVET CLOSE is a midsized extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £230,000 in December 2020, which was around 26% below the average December 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

6 ELVET CLOSE Sold Prices

Land registry data shows three sales for 6 ELVET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 6 ELVET CLOSE 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 17 DEC	£230,000	£309,155	26% below HPI
2014 12 SEP	£167,000	£249,405	33% below HPI
2012 1 FEB	£140,000	£225,058	38% below HPI

6 ELVET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 6 ELVET CLOSE sales between February 2012 and December 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 September 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 ELVET CLOSE?

6 ELVET CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Brunswick Village, based on EPC data. The below chart shows the distribution of detached houses by size in Brunswick Village, and where 6 ELVET CLOSE lies on this distribution: 41% of detached houses are smaller than 6 ELVET CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Brunswick Village.

6 ELVET CLOSE: Plot and Title Map

6 ELVET CLOSE sits on a plot of roughly 31.8 acres, or 128,859m². The below map shows the location of 6 ELVET CLOSE, 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 6 ELVET CLOSE). 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 6 ELVET CLOSE?

6 ELVET CLOSE is located in WIDEOPEN, in the NE13 postcode district. The below map shows the position of No. 6 on ELVET CLOSE.