10, THE WALK, ELWICK, HARTLEPOOL, TS27 3DX - £174,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 THE WALK is a very small terraced house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £231,785. It was last sold for £174,950 in May 2010, which was around 126% above the average May 2010 terraced price in the Hartlepool local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was A.

10 THE WALK Sold Prices

Land registry data shows two sales for 10 THE WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hartlepool local authority area for the corresponding sale date. Both of the two 10 THE WALK 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
2010 21 MAY	£174,950	£77,426	126% above HPI
1999 23 JUL	£66,000	£28,322	133% above HPI

10 THE WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hartlepool local authority area over time, sourced from the HPI. The two 10 THE WALK sales from July 1999 and May 2010 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 July 1999 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the May 2010 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might 10 THE WALK be worth now?

10 THE WALK might now be worth an estimated £231,785.

This is based on house price inflation of 32.5%, between May 2010 and May 2026, for terraced 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 32.5% inflationary increase is applied to the most recent sale price for 10 THE WALK of £174,950 on 21st May 2010. For the value to have increased from £174,950 to £231,785 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of 10 THE WALK has moved in line with the HPI for terraced houses in the Hartlepool local authority area.
• The May 2010 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 10 THE WALK has not materially changed since May 2010.

How Large is 10 THE WALK?

10 THE WALK is 90m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Elwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Elwick, and where 10 THE WALK lies on this distribution: 5% of terraced houses houses are smaller than 10 THE WALK, and 95% of houses are larger. Note that EPC data is not available for all properties in Elwick.

10 THE WALK: Plot and Title Map

10 THE WALK sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 10 THE WALK, 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 10 THE WALK). 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 10 THE WALK?

10 THE WALK is located in ELWICK, in the TS27 postcode district. The below map shows the position of No. 10 on THE WALK.