THREEWAYS, MANOR CLOSE, ELWICK, HARTLEPOOL, TS27 3EE - £310,000

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

THREEWAYS is a very small detached house of 102m², built sometime between 1950 and 1966. It was last sold for £310,000 in June 2024, which was around 44% above the average June 2024 detached price in the Hartlepool local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was D.

THREEWAYS Sold Prices

Land registry data shows two sales for THREEWAYS 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 THREEWAYS 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
2024 7 JUN	£310,000	£215,675	44% above HPI
2020 19 FEB	£200,000	£186,813	7% above HPI

THREEWAYS 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 THREEWAYS sales from February 2020 and June 2024 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 February 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2024 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is THREEWAYS?

THREEWAYS is 102m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Elwick, based on EPC data. The below chart shows the distribution of detached houses by size in Elwick, and where THREEWAYS lies on this distribution: 10% of detached houses are smaller than THREEWAYS, and 90% of houses are larger. Note that EPC data is not available for all properties in Elwick.

THREEWAYS: Plot and Title Map

THREEWAYS sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of THREEWAYS, 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 THREEWAYS). 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 THREEWAYS?

THREEWAYS is located on MANOR CLOSE in ELWICK, in the TS27 postcode district. The below map shows the position of THREEWAYS on MANOR CLOSE.