28, OAKFIELD ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5HN - £122,000

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

28 OAKFIELD ROAD is a small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £122,000 in September 2000, which was around 35% above the average September 2000 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

28 OAKFIELD ROAD Sold Prices

Land registry data shows two sales for 28 OAKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 28 OAKFIELD ROAD 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
2000 15 SEP	£122,000	£90,141	35% above HPI
1996 11 JUL	£81,000	£71,012	14% above HPI

28 OAKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 28 OAKFIELD ROAD sales from July 1996 and September 2000 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 July 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2000 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 28 OAKFIELD ROAD?

28 OAKFIELD ROAD is 97m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 28 OAKFIELD ROAD lies on this distribution: 30% of detached houses are smaller than 28 OAKFIELD ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Whickham.

28 OAKFIELD ROAD: Plot and Title Map

28 OAKFIELD ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 28 OAKFIELD ROAD, 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 28 OAKFIELD ROAD). 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 28 OAKFIELD ROAD?

28 OAKFIELD ROAD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 28 on OAKFIELD ROAD.