8, ELM CRESCENT, BIRTLEY, CHESTER LE STREET, DH3 1GH - £259,500

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

8 ELM CRESCENT is a midsized extended detached house of 115m², built sometime from 2012 onwards. It was last sold for £259,500 in December 2020, which was around 5% above the average December 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 ELM CRESCENT Sold Prices

Land registry data shows two sales for 8 ELM CRESCENT 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 8 ELM CRESCENT 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 4 DEC	£259,500	£246,125	5% above HPI
2012 29 JUN	£214,995	£195,309	10% above HPI

8 ELM CRESCENT 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 8 ELM CRESCENT sales from June 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 June 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 ELM CRESCENT?

8 ELM CRESCENT is 115m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 8 ELM CRESCENT lies on this distribution: 53% of detached houses are smaller than 8 ELM CRESCENT, and 47% of houses are larger. Note that EPC data is not available for all properties in Birtley.

8 ELM CRESCENT: Plot and Title Map

8 ELM CRESCENT sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 8 ELM CRESCENT, 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 8 ELM CRESCENT). 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 8 ELM CRESCENT?

8 ELM CRESCENT is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 8 on ELM CRESCENT.