33, LOCKWOOD AVENUE, BIRTLEY, CHESTER LE STREET, DH3 1GN - £138,850

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.

33 LOCKWOOD AVENUE is a very small semi-detached house of 70m², which could now be worth an estimated £166,586. It was last sold for £138,850 in July 2019, which was around 3% below the average July 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was A.

33 LOCKWOOD AVENUE Sold Prices

Land registry data shows three sales for 33 LOCKWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 33 LOCKWOOD AVENUE sales were for below the average price, whilst one was 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
2019 19 JUL	£138,850	£143,848	3% below HPI
2019 28 JUN	£140,000	£143,838	3% below HPI
2016 30 NOV	£140,950	£133,852	5% above HPI

33 LOCKWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 33 LOCKWOOD AVENUE sales between November 2016 and July 2019 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 June 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, which was also at 3% below the HPI.

What might 33 LOCKWOOD AVENUE be worth now?

33 LOCKWOOD AVENUE might now be worth an estimated £166,586.

This is based on house price inflation of 20%, between July 2019 and February 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 33 LOCKWOOD AVENUE of £138,850 on 19th July 2019. For the value to have increased from £138,850 to £166,586 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 33 LOCKWOOD AVENUE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The July 2019 sale price of £138,850 represented a fair market value for the property.
• The size, condition, and specification of 33 LOCKWOOD AVENUE has not materially changed since July 2019.

How Large is 33 LOCKWOOD AVENUE?

33 LOCKWOOD AVENUE is 70m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of semi-detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birtley, and where 33 LOCKWOOD AVENUE lies on this distribution: 2% of semi-detached houses houses are smaller than 33 LOCKWOOD AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Birtley.

33 LOCKWOOD AVENUE: Plot and Title Map

33 LOCKWOOD AVENUE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 33 LOCKWOOD AVENUE, 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 33 LOCKWOOD AVENUE). 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 33 LOCKWOOD AVENUE?

33 LOCKWOOD AVENUE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 33 on LOCKWOOD AVENUE.