10, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £146,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 THE OAKS is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £146,500 in September 2014, which was around 7% below the average September 2014 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

10 THE OAKS Sold Prices

Land registry data shows three sales for 10 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 10 THE OAKS sales were for below the average price, whilst one was 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 5 SEP	£146,500	£158,192	7% below HPI
2008 9 MAY	£165,000	£189,347	13% below HPI
2000 29 SEP	£95,000	£82,391	15% above HPI

10 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 10 THE OAKS sales between September 2000 and September 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 May 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 THE OAKS?

10 THE OAKS is 118m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses by size in Cornforth, and where 10 THE OAKS lies on this distribution: 60% of detached houses are smaller than 10 THE OAKS, and 40% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

10 THE OAKS: Plot and Title Map

10 THE OAKS sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 10 THE OAKS, 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 10 THE OAKS). 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 10 THE OAKS?

10 THE OAKS is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 10 on THE OAKS.