55, EDWARD ROAD, BIRTLEY, CHESTER LE STREET, DH3 1HQ - £138,000

55 EDWARD ROAD is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £138,000 in October 2018, which was around 42% below the average October 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.

55 EDWARD ROAD Sold Prices

Land registry data shows two sales for 55 EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 55 EDWARD ROAD 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
2018 26 OCT	£138,000	£237,680	42% below HPI
2003 7 NOV	£82,000	£161,847	49% below HPI

55 EDWARD ROAD 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 two 55 EDWARD ROAD sales from November 2003 and October 2018 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 November 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 55 EDWARD ROAD?

55 EDWARD ROAD is 124m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 55 EDWARD ROAD lies on this distribution: 62% of detached houses are smaller than 55 EDWARD ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Birtley.

55 EDWARD ROAD: Plot and Title Map

55 EDWARD ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 55 EDWARD ROAD, 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 55 EDWARD ROAD). 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 55 EDWARD ROAD?

55 EDWARD ROAD is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 55 on EDWARD ROAD.