8, LEAFIELD CLOSE, BIRTLEY, CHESTER LE STREET, DH3 1RX - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LEAFIELD CLOSE is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £300,000 in March 2015, which was around 44% above the average March 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

8 LEAFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 LEAFIELD 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 Gateshead local authority area for the corresponding sale date. Both of the two 8 LEAFIELD 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
2015 20 MAR	£300,000	£207,757	44% above HPI
2003 28 NOV	£279,950	£161,847	73% above HPI

8 LEAFIELD CLOSE 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 LEAFIELD CLOSE sales from November 2003 and March 2015 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 November 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the March 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 8 LEAFIELD CLOSE?

8 LEAFIELD CLOSE is 125m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 LEAFIELD CLOSE lies on this distribution: 63% of detached houses are smaller than 8 LEAFIELD CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Birtley.

8 LEAFIELD CLOSE: Plot and Title Map

8 LEAFIELD CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 8 LEAFIELD 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 LEAFIELD 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 LEAFIELD CLOSE?

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