36, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NG - £182,500

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.

36 BUSTY BANK is a small extended semi-detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £258,849. It was last sold for £182,500 in April 2020, which was around 90% above the average April 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

36 BUSTY BANK Sold Prices

Land registry data shows four sales for 36 BUSTY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 36 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
2020 3 APR	£182,500	£95,999	90% above HPI
2013 20 FEB	£133,000	£92,323	44% above HPI
2006 25 AUG	£125,000	£110,243	13% above HPI
2000 31 JUL	£58,000	£44,722	30% above HPI

36 BUSTY BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 36 BUSTY BANK sales between July 2000 and April 2020 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2020 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 36 BUSTY BANK be worth now?

36 BUSTY BANK might now be worth an estimated £258,849.

This is based on house price inflation of 41.8%, between April 2020 and February 2025, for semi-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 41.8% inflationary increase is applied to the most recent sale price for 36 BUSTY BANK of £182,500 on 3rd April 2020. For the value to have increased from £182,500 to £258,849 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 36 BUSTY BANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2020 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 36 BUSTY BANK has not materially changed since April 2020.

How Large is 36 BUSTY BANK?

36 BUSTY BANK is 94m², which includes four extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of semi-detached houses houses in Burnopfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burnopfield, and where 36 BUSTY BANK lies on this distribution: 37% of semi-detached houses houses are smaller than 36 BUSTY BANK, and 63% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

36 BUSTY BANK: Plot and Title Map

36 BUSTY BANK sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 36 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 36 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 36 BUSTY BANK?

36 BUSTY BANK is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 36 on BUSTY BANK.