14, OAKWOOD, HEBBURN, NE31 1EB - £138,500

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

14 OAKWOOD is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £138,500 in December 2005, which was around 35% below the average December 2005 detached price in the South Tyneside local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

14 OAKWOOD Sold Prices

Land registry data shows two sales for 14 OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 14 OAKWOOD 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
2005 16 DEC	£138,500	£213,266	35% below HPI
2000 19 MAY	£55,000	£95,982	43% below HPI

14 OAKWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 14 OAKWOOD sales from May 2000 and December 2005 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 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2005 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 14 OAKWOOD?

14 OAKWOOD is 59m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 14 OAKWOOD lies on this distribution: 1% of detached houses are smaller than 14 OAKWOOD, and 99% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

14 OAKWOOD: Plot and Title Map

14 OAKWOOD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 14 OAKWOOD, 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 14 OAKWOOD). 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 14 OAKWOOD?

14 OAKWOOD is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 14 on OAKWOOD.