40, OAKWELL COURT, HAMSTERLEY COLLIERY, NEWCASTLE UPON TYNE, NE17 7BD - £285,000

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

40 OAKWELL COURT is a very large extended detached house of 131m², built sometime between 2003 and 2006. It was last sold for £285,000 in September 2023, which was around 36% above the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

40 OAKWELL COURT Sold Prices

Land registry data shows five sales for 40 OAKWELL COURT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 40 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
2023 29 SEP	£285,000	£209,844	36% above HPI
2017 1 DEC	£235,000	£168,981	39% above HPI
2007 28 AUG	£247,000	£190,032	30% above HPI
2006 9 AUG	£238,500	£182,650	31% above HPI
2002 23 AUG	£115,995	£94,984	22% above HPI

40 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 five 40 OAKWELL COURT sales between August 2002 and September 2023 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 December 2017 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2023 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 40 OAKWELL COURT?

40 OAKWELL COURT is 131m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Hamsterley, based on EPC data. The below chart shows the distribution of detached houses by size in Hamsterley, and where 40 OAKWELL COURT lies on this distribution: 84% of detached houses are smaller than 40 OAKWELL COURT, and 14% of houses are larger. Note that EPC data is not available for all properties in Hamsterley.

40 OAKWELL COURT: Plot and Title Map

40 OAKWELL COURT sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 40 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 40 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 40 OAKWELL COURT?

40 OAKWELL COURT is located in HAMSTERLEY COLLIERY, in the NE17 postcode district. The below map shows the position of No. 40 on OAKWELL COURT.