8, THE WALK, ELWICK, HARTLEPOOL, TS27 3DX - £150,000

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.

8 THE WALK is a very small terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £213,469. It was last sold for £150,000 in April 2016, which was around 108% above the average April 2016 terraced price in the Hartlepool local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

8 THE WALK Sold Prices

Land registry data shows two sales for 8 THE WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hartlepool local authority area for the corresponding sale date. Both of the two 8 THE WALK 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
2016 4 APR	£150,000	£72,080	108% above HPI
1996 17 MAY	£71,500	£28,456	151% above HPI

8 THE WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hartlepool local authority area over time, sourced from the HPI. The two 8 THE WALK sales from May 1996 and April 2016 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 1996 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the April 2016 sale, where it falls to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 8 THE WALK be worth now?

8 THE WALK might now be worth an estimated £213,469.

This is based on house price inflation of 42.3%, between April 2016 and May 2026, for terraced houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.3% inflationary increase is applied to the most recent sale price for 8 THE WALK of £150,000 on 4th April 2016. For the value to have increased from £150,000 to £213,469 over the nine years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 THE WALK has moved in line with the HPI for terraced houses in the Hartlepool local authority area.
• The April 2016 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE WALK has not materially changed since April 2016.

How Large is 8 THE WALK?

8 THE WALK is 88m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of terraced houses houses in Elwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Elwick, and where 8 THE WALK lies on this distribution: 5% of terraced houses houses are smaller than 8 THE WALK, and 95% of houses are larger. Note that EPC data is not available for all properties in Elwick.

8 THE WALK: Plot and Title Map

8 THE WALK sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 THE WALK, 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 THE WALK). 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 THE WALK?

8 THE WALK is located in ELWICK, in the TS27 postcode district. The below map shows the position of No. 8 on THE WALK.