16, THE CORNFIELDS, HEBBURN, NE31 1YH - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 THE CORNFIELDS is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £170,000 in February 2010, which was around 21% below the average February 2010 detached price in the South Tyneside local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

16 THE CORNFIELDS Sold Prices

Land registry data shows three sales for 16 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 16 THE CORNFIELDS 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
2010 12 FEB	£170,000	£214,314	21% below HPI
2001 14 DEC	£88,000	£110,305	20% below HPI
1995 20 FEB	£65,500	£76,816	15% below HPI

16 THE CORNFIELDS 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 three 16 THE CORNFIELDS sales between February 1995 and February 2010 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 December 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 THE CORNFIELDS?

16 THE CORNFIELDS is 83m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 16 THE CORNFIELDS lies on this distribution: 12% of detached houses are smaller than 16 THE CORNFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

16 THE CORNFIELDS: Plot and Title Map

16 THE CORNFIELDS sits on a plot of roughly 29.6 acres, or 119,902m². The below map shows the location of 16 THE CORNFIELDS, 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 16 THE CORNFIELDS). 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 16 THE CORNFIELDS?

16 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 16 on THE CORNFIELDS.