28, OAKWELL COURT, HAMSTERLEY COLLIERY, NEWCASTLE UPON TYNE, NE17 7BD - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 OAKWELL COURT is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £291,283. It was last sold for £215,000 in May 2019, which was around 23% above the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

28 OAKWELL COURT Sold Prices

Land registry data shows four sales for 28 OAKWELL COURT 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 28 OAKWELL COURT 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
2019 17 MAY	£215,000	£174,316	23% above HPI
2011 8 FEB	£197,000	£167,842	17% above HPI
2005 7 FEB	£215,000	£166,051	29% above HPI
2002 1 NOV	£119,995	£103,128	16% above HPI

28 OAKWELL COURT 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 28 OAKWELL COURT sales between November 2002 and May 2019 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 February 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 28 OAKWELL COURT be worth now?

28 OAKWELL COURT might now be worth an estimated £291,283.

This is based on house price inflation of 35.5%, between May 2019 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 28 OAKWELL COURT of £215,000 on 17th May 2019. For the value to have increased from £215,000 to £291,283 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 28 OAKWELL COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OAKWELL COURT has not materially changed since May 2019.

How Large is 28 OAKWELL COURT?

28 OAKWELL COURT is 113m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses houses in Hamsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hamsterley, and where 28 OAKWELL COURT lies on this distribution: 59% of detached houses houses are smaller than 28 OAKWELL COURT, and 41% of houses are larger. Note that EPC data is not available for all properties in Hamsterley.

28 OAKWELL COURT: Plot and Title Map

28 OAKWELL COURT sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 28 OAKWELL COURT, 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 OAKWELL COURT). 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 OAKWELL COURT?

28 OAKWELL COURT is located in HAMSTERLEY COLLIERY, in the NE17 postcode district. The below map shows the position of No. 28 on OAKWELL COURT.