HAZEL BANK COTTAGE, THE GREEN, ELWICK, HARTLEPOOL, TS27 3ED - £285,000

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

HAZEL BANK COTTAGE is a midsized extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £397,102. It was last sold for £285,000 in September 2016, which was around 60% above the average September 2016 detached price in the Hartlepool local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

HAZEL BANK COTTAGE Sold Prices

Land registry data shows three sales for HAZEL BANK COTTAGE 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 HAZEL BANK COTTAGE 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
2016 22 SEP	£285,000	£178,583	60% above HPI
2003 17 OCT	£240,000	£117,566	104% above HPI
1996 8 NOV	£89,000	£69,450	28% above HPI

HAZEL BANK COTTAGE 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 HAZEL BANK COTTAGE sales between November 1996 and September 2016 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 2003 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the September 2016 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might HAZEL BANK COTTAGE be worth now?

HAZEL BANK COTTAGE might now be worth an estimated £397,102.

This is based on house price inflation of 39.3%, between September 2016 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 39.3% inflationary increase is applied to the most recent sale price for HAZEL BANK COTTAGE of £285,000 on 22nd September 2016. For the value to have increased from £285,000 to £397,102 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of HAZEL BANK COTTAGE has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The September 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of HAZEL BANK COTTAGE has not materially changed since September 2016.

How Large is HAZEL BANK COTTAGE?

HAZEL BANK COTTAGE is 138m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 HAZEL BANK COTTAGE lies on this distribution: 56% of detached houses houses are smaller than HAZEL BANK COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Elwick.

HAZEL BANK COTTAGE: Plot and Title Map

HAZEL BANK COTTAGE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of HAZEL BANK COTTAGE, 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 HAZEL BANK COTTAGE). 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 HAZEL BANK COTTAGE?

HAZEL BANK COTTAGE is located on THE GREEN in ELWICK, in the TS27 postcode district. The below map shows the position of HAZEL BANK COTTAGE on THE GREEN.