62, GALA CLOSE, HARTLEPOOL, TS25 1GB - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 GALA CLOSE is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £287,558. It was last sold for £215,000 in February 2020, which was around 16% above the average February 2020 detached price in the Hartlepool local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

62 GALA CLOSE Sold Prices

Land registry data shows two sales for 62 GALA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hartlepool local authority area for the corresponding sale date. Both of the two 62 GALA CLOSE 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
2020 12 FEB	£215,000	£186,042	16% above HPI
2001 23 FEB	£88,995	£78,328	14% above HPI

62 GALA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 62 GALA CLOSE sales from February 2001 and February 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 February 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 62 GALA CLOSE be worth now?

62 GALA CLOSE might now be worth an estimated £287,558.

This is based on house price inflation of 33.7%, between February 2020 and February 2025, for detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for 62 GALA CLOSE of £215,000 on 12th February 2020. For the value to have increased from £215,000 to £287,558 over the five years to February 2025, the following assumptions must hold true:

• The value of 62 GALA CLOSE has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The February 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 62 GALA CLOSE has not materially changed since February 2020.

How Large is 62 GALA CLOSE?

62 GALA CLOSE is 104m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses houses in Hartlepool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hartlepool, and where 62 GALA CLOSE lies on this distribution: 39% of detached houses houses are smaller than 62 GALA CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

62 GALA CLOSE: Plot and Title Map

62 GALA CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 62 GALA 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 62 GALA 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 62 GALA CLOSE?

62 GALA CLOSE is located in HARTLEPOOL, in the TS25 postcode district. The below map shows the position of No. 62 on GALA CLOSE.