8, CADDY CLOSE, BIRTLEY, CHESTER LE STREET, DH3 1GJ - £200,000

8 CADDY CLOSE is a very small detached house of 89m², built in 2013. It was last sold for £200,000 in April 2023, which was around 28% below the average April 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

8 CADDY CLOSE Sold Prices

Land registry data shows two sales for 8 CADDY CLOSE 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 8 CADDY CLOSE 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
2023 11 APR	£200,000	£276,706	28% below HPI
2013 30 AUG	£169,950	£204,180	17% below HPI

8 CADDY CLOSE 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 8 CADDY CLOSE sales from August 2013 and April 2023 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 August 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 CADDY CLOSE?

8 CADDY CLOSE is 89m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 8 CADDY CLOSE lies on this distribution: 16% of detached houses are smaller than 8 CADDY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Birtley.

8 CADDY CLOSE: Plot and Title Map

8 CADDY CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 8 CADDY CLOSE, 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 8 CADDY CLOSE). 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 8 CADDY CLOSE?

8 CADDY CLOSE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 8 on CADDY CLOSE.