3, OAKFIELD GRANGE, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7JH - £365,000

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.

3 OAKFIELD GRANGE is a very large detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £569,256. It was last sold for £365,000 in December 2009, which was around 40% above the average December 2009 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

3 OAKFIELD GRANGE Sold Prices

Land registry data shows three sales for 3 OAKFIELD GRANGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. All of the three 3 OAKFIELD GRANGE 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
2009 10 DEC	£365,000	£260,308	40% above HPI
2005 8 APR	£379,950	£243,199	56% above HPI
1999 19 JUL	£189,500	£110,838	71% above HPI

3 OAKFIELD GRANGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The three 3 OAKFIELD GRANGE sales between July 1999 and December 2009 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 April 2005 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2009 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 3 OAKFIELD GRANGE be worth now?

3 OAKFIELD GRANGE might now be worth an estimated £569,256.

This is based on house price inflation of 56%, between December 2009 and February 2025, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56% inflationary increase is applied to the most recent sale price for 3 OAKFIELD GRANGE of £365,000 on 10th December 2009. For the value to have increased from £365,000 to £569,256 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 OAKFIELD GRANGE has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The December 2009 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKFIELD GRANGE has not materially changed since December 2009.

How Large is 3 OAKFIELD GRANGE?

3 OAKFIELD GRANGE is 204m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Dinnington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dinnington, and where 3 OAKFIELD GRANGE lies on this distribution: 98% of detached houses houses are smaller than 3 OAKFIELD GRANGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

3 OAKFIELD GRANGE: Plot and Title Map

3 OAKFIELD GRANGE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 3 OAKFIELD GRANGE, 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 3 OAKFIELD GRANGE). 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 3 OAKFIELD GRANGE?

3 OAKFIELD GRANGE is located in DINNINGTON, in the NE13 postcode district. The below map shows the position of No. 3 on OAKFIELD GRANGE.