29, OAKFIELD WAY, SEGHILL, CRAMLINGTON, NE23 7HQ - £165,000

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

29 OAKFIELD WAY is a small semi-detached house of 83m², built sometime between 1983 and 1990. It was last sold for £165,000 in April 2015, which was around 30% below the average April 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

29 OAKFIELD WAY Sold Prices

Land registry data shows three sales for 29 OAKFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 29 OAKFIELD WAY 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
2015 30 APR	£165,000	£234,734	30% below HPI
2006 16 AUG	£151,500	£242,168	37% below HPI
1996 12 JAN	£59,950	£78,713	24% below HPI

29 OAKFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 29 OAKFIELD WAY sales between January 1996 and April 2015 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 August 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 29 OAKFIELD WAY?

29 OAKFIELD WAY is 83m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Seghill, based on EPC data. The below chart shows the distribution of detached houses by size in Seghill, and where 29 OAKFIELD WAY lies on this distribution: 25% of detached houses are smaller than 29 OAKFIELD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Seghill.

29 OAKFIELD WAY: Plot and Title Map

29 OAKFIELD WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 29 OAKFIELD WAY, 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 29 OAKFIELD WAY). 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 29 OAKFIELD WAY?

29 OAKFIELD WAY is located in SEGHILL, in the NE23 postcode district. The below map shows the position of No. 29 on OAKFIELD WAY.