42, MINGARRY, BIRTLEY, CHESTER LE STREET, DH3 2JB - £120,000

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.

42 MINGARRY is a very small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £177,117. It was last sold for £120,000 in November 2013, which was around 15% above the average November 2013 terraced price in the Gateshead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

42 MINGARRY Sold Prices

Land registry data shows three sales for 42 MINGARRY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the three 42 MINGARRY 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
2013 18 NOV	£120,000	£104,394	15% above HPI
1998 22 MAY	£56,950	£36,806	55% above HPI
1995 20 JAN	£54,900	£35,222	56% above HPI

42 MINGARRY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The three 42 MINGARRY sales between January 1995 and November 2013 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 May 1998 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 42 MINGARRY be worth now?

42 MINGARRY might now be worth an estimated £177,117.

This is based on house price inflation of 47.6%, between November 2013 and May 2026, for terraced 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 47.6% inflationary increase is applied to the most recent sale price for 42 MINGARRY of £120,000 on 18th November 2013. For the value to have increased from £120,000 to £177,117 over the thirteen years and six months to May 2026, the following assumptions must hold true:

• The value of 42 MINGARRY has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The November 2013 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MINGARRY has not materially changed since November 2013.

How Large is 42 MINGARRY?

42 MINGARRY is 91m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of terraced houses houses in Birtley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birtley, and where 42 MINGARRY lies on this distribution: 19% of terraced houses houses are smaller than 42 MINGARRY, and 78% of houses are larger. Note that EPC data is not available for all properties in Birtley.

42 MINGARRY: Plot and Title Map

42 MINGARRY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 42 MINGARRY, 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 42 MINGARRY). 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 42 MINGARRY?

42 MINGARRY is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 42 on MINGARRY.