18, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NF - £255,000

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

18 BUSTY BANK is a midsized detached house of 103m², built sometime between 1991 and 1995. It was last sold for £255,000 in July 2017, which was around 50% above the average July 2017 detached price in the County Durham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

18 BUSTY BANK Sold Prices

Land registry data shows four sales for 18 BUSTY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 18 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
2017 31 JUL	£255,000	£170,057	50% above HPI
2009 1 SEP	£245,000	£170,558	44% above HPI
2002 7 JUN	£150,000	£91,276	64% above HPI
1999 26 FEB	£93,000	£71,484	30% above HPI

18 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 four 18 BUSTY BANK sales between February 1999 and July 2017 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 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2017 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 18 BUSTY BANK?

18 BUSTY BANK is 103m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 18 BUSTY BANK lies on this distribution: 46% of detached houses are smaller than 18 BUSTY BANK, and 54% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

18 BUSTY BANK: Plot and Title Map

18 BUSTY BANK sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 18 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 18 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 18 BUSTY BANK?

18 BUSTY BANK is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 18 on BUSTY BANK.