5, LOCKWOOD AVENUE, BIRTLEY, CHESTER LE STREET, DH3 1GN - £202,000

5 LOCKWOOD AVENUE is a small detached house of 100m². It was last sold for £202,000 in March 2020, which was around 13% below the average March 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

5 LOCKWOOD AVENUE Sold Prices

Land registry data shows three sales for 5 LOCKWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 5 LOCKWOOD AVENUE sales were for below 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
2020 31 MAR	£202,000	£231,021	13% below HPI
2019 6 DEC	£225,000	£228,941	2% below HPI
2016 31 MAY	£212,950	£219,014	3% below HPI

5 LOCKWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 5 LOCKWOOD AVENUE sales between May 2016 and March 2020 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 December 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 LOCKWOOD AVENUE?

5 LOCKWOOD AVENUE is 100m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 5 LOCKWOOD AVENUE lies on this distribution: 30% of detached houses are smaller than 5 LOCKWOOD AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Birtley.

5 LOCKWOOD AVENUE: Plot and Title Map

5 LOCKWOOD AVENUE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 5 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 5 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 5 LOCKWOOD AVENUE?

5 LOCKWOOD AVENUE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 5 on LOCKWOOD AVENUE.