FAIRWAYS, THE GHYLL, ELWICK, HARTLEPOOL, TS27 3DS - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRWAYS is a very large extended detached house of 183m², built sometime between 1983 and 1990, which could now be worth an estimated £401,570. It was last sold for £320,000 in October 2006, which was around 65% above the average October 2006 detached price in the Hartlepool local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hartlepool local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2006 31 OCT	£320,000	£193,933	65% above HPI
2002 15 OCT	£168,000	£93,452	80% above HPI
1996 1 OCT	£110,000	£66,550	65% above HPI

FAIRWAYS 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 three FAIRWAYS sales between October 1996 and October 2006 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 October 2002 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the October 2006 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £401,570.

This is based on house price inflation of 25.5%, between October 2006 and December 2024, 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 25.5% inflationary increase is applied to the most recent sale price for FAIRWAYS of £320,000 on 31st October 2006. For the value to have increased from £320,000 to £401,570 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The October 2006 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since October 2006.

How Large is FAIRWAYS?

FAIRWAYS is 183m², which includes three extensions, according to the EPC inspection conducted in December 2024. This puts it in the largest 20% of detached houses houses in Elwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elwick, and where FAIRWAYS lies on this distribution: 81% of detached houses houses are smaller than FAIRWAYS, and 19% of houses are larger. Note that EPC data is not available for all properties in Elwick.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on THE GHYLL in ELWICK, in the TS27 postcode district. The below map shows the position of FAIRWAYS on THE GHYLL.