41, OAKWELL COURT, HAMSTERLEY COLLIERY, NEWCASTLE UPON TYNE, NE17 7BD - £268,000

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.

41 OAKWELL COURT is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £293,552. It was last sold for £268,000 in September 2023, which was around 24% above the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

41 OAKWELL COURT Sold Prices

Land registry data shows three sales for 41 OAKWELL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 41 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 25 SEP	£268,000	£215,607	24% above HPI
2021 3 DEC	£263,000	£203,289	29% above HPI
2002 23 AUG	£115,995	£97,638	19% above HPI

41 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 three 41 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 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 41 OAKWELL COURT be worth now?

41 OAKWELL COURT might now be worth an estimated £293,552.

This is based on house price inflation of 9.5%, between September 2023 and February 2025, for 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 9.5% inflationary increase is applied to the most recent sale price for 41 OAKWELL COURT of £268,000 on 25th September 2023. For the value to have increased from £268,000 to £293,552 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 OAKWELL COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2023 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 41 OAKWELL COURT has not materially changed since September 2023.

How Large is 41 OAKWELL COURT?

41 OAKWELL COURT is 118m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses houses in Hamsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hamsterley, and where 41 OAKWELL COURT lies on this distribution: 65% of detached houses houses are smaller than 41 OAKWELL COURT, and 33% of houses are larger. Note that EPC data is not available for all properties in Hamsterley.

41 OAKWELL COURT: Plot and Title Map

41 OAKWELL COURT sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 41 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 41 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 41 OAKWELL COURT?

41 OAKWELL COURT is located in HAMSTERLEY COLLIERY, in the NE17 postcode district. The below map shows the position of No. 41 on OAKWELL COURT.