8, GALA CLOSE, HARTLEPOOL, TS25 1GA - £265,000

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

8 GALA CLOSE is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2021, which was around 27% above the average May 2021 detached price in the Hartlepool local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

8 GALA CLOSE Sold Prices

Land registry data shows two sales for 8 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 8 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
2021 27 MAY	£265,000	£208,399	27% above HPI
2001 29 JUN	£89,995	£81,190	11% above HPI

8 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 8 GALA CLOSE sales from June 2001 and May 2021 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 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 8 GALA CLOSE?

8 GALA CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 40% of detached houses in Hartlepool, based on EPC data. The below chart shows the distribution of detached houses by size in Hartlepool, and where 8 GALA CLOSE lies on this distribution: 63% of detached houses are smaller than 8 GALA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

8 GALA CLOSE: Plot and Title Map

8 GALA CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 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 8 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 8 GALA CLOSE?

8 GALA CLOSE is located in HARTLEPOOL, in the TS25 postcode district. The below map shows the position of No. 8 on GALA CLOSE.