15, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NF - £212,000

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

15 BUSTY BANK is a small extended detached house of 98m², built sometime before 1900. It was last sold for £212,000 in May 2014, which was around 37% above the average May 2014 detached price in the County Durham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was E.

15 BUSTY BANK Sold Prices

Land registry data shows five sales for 15 BUSTY BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the five 15 BUSTY BANK 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 23 MAY	£212,000	£154,532	37% above HPI
2006 29 SEP	£249,950	£181,658	38% above HPI
2006 5 MAY	£249,950	£175,923	42% above HPI
2004 7 MAY	£165,000	£137,556	20% above HPI
2003 30 JUL	£82,500	£114,931	28% below HPI

15 BUSTY BANK 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 five 15 BUSTY BANK sales between July 2003 and May 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 September 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 15 BUSTY BANK?

15 BUSTY BANK is 98m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 15 BUSTY BANK lies on this distribution: 40% of detached houses are smaller than 15 BUSTY BANK, and 60% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

15 BUSTY BANK: Plot and Title Map

15 BUSTY BANK sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 15 BUSTY BANK, 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 15 BUSTY BANK). 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 15 BUSTY BANK?

15 BUSTY BANK is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 15 on BUSTY BANK.