34, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NG - £219,000

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

34 BUSTY BANK is a small extended detached house of 84m², built sometime between 1900 and 1929. It was last sold for £219,000 in February 2019, which was around 35% above the average February 2019 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

34 BUSTY BANK Sold Prices

Land registry data shows two sales for 34 BUSTY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 34 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
2019 15 FEB	£219,000	£161,893	35% above HPI
2005 26 AUG	£207,000	£170,932	21% above HPI

34 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 two 34 BUSTY BANK sales from August 2005 and February 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 August 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 34 BUSTY BANK?

34 BUSTY BANK is 84m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 34 BUSTY BANK lies on this distribution: 25% of detached houses are smaller than 34 BUSTY BANK, and 75% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

34 BUSTY BANK: Plot and Title Map

34 BUSTY BANK sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 34 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 34 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 34 BUSTY BANK?

34 BUSTY BANK is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 34 on BUSTY BANK.