ELMFIELD, MONKTON LANE, MONKTON VILLAGE, JARROW, NE32 5NN - £376,000

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.

ELMFIELD is a very large extended semi-detached house of 258m², built sometime before 1900, which could now be worth an estimated £599,213. It was last sold for £376,000 in March 2014, which was around 218% above the average March 2014 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

ELMFIELD Sold Prices

Land registry data shows two sales for ELMFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two ELMFIELD 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
2014 7 MAR	£376,000	£118,167	218% above HPI
1995 6 OCT	£80,000	£44,354	80% above HPI

ELMFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two ELMFIELD sales from October 1995 and March 2014 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 October 1995 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2014 sale, where it rises to 218% above the HPI. The line then continues to track at 218% above the HPI.

What might ELMFIELD be worth now?

ELMFIELD might now be worth an estimated £599,213.

This is based on house price inflation of 59.4%, between March 2014 and March 2025, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.4% inflationary increase is applied to the most recent sale price for ELMFIELD of £376,000 on 7th March 2014. For the value to have increased from £376,000 to £599,213 over the eleven years to March 2025, the following assumptions must hold true:

• The value of ELMFIELD has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The March 2014 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of ELMFIELD has not materially changed since March 2014.

How Large is ELMFIELD?

ELMFIELD is 258m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of semi-detached houses houses in Jarrow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Jarrow, and where ELMFIELD lies on this distribution: 97% of semi-detached houses houses are smaller than ELMFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

ELMFIELD: Plot and Title Map

ELMFIELD sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of ELMFIELD, 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 ELMFIELD). 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 ELMFIELD?

ELMFIELD is located on MONKTON LANE in MONKTON VILLAGE, in the NE32 postcode district. The below map shows the position of ELMFIELD on MONKTON LANE.