42, THE CORNFIELDS, HEBBURN, NE31 1YH - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 THE CORNFIELDS is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £270,000 in September 2022, which was around 4% below the average September 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

42 THE CORNFIELDS Sold Prices

Land registry data shows three sales for 42 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 42 THE CORNFIELDS sales were for below 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
2022 1 SEP	£270,000	£280,684	4% below HPI
2002 31 MAY	£112,000	£125,832	11% below HPI
1996 30 AUG	£65,000	£83,577	22% below HPI

42 THE CORNFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 42 THE CORNFIELDS sales between August 1996 and September 2022 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 May 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 42 THE CORNFIELDS be worth now?

42 THE CORNFIELDS might now be worth an estimated £292,539.

This is based on house price inflation of 8.3%, between September 2022 and December 2024, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 42 THE CORNFIELDS of £270,000 on 1st September 2022. For the value to have increased from £270,000 to £292,539 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 42 THE CORNFIELDS has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The September 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 42 THE CORNFIELDS has not materially changed since September 2022.

How Large is 42 THE CORNFIELDS?

42 THE CORNFIELDS is 102m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 42 THE CORNFIELDS lies on this distribution: 38% of detached houses houses are smaller than 42 THE CORNFIELDS, and 61% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

42 THE CORNFIELDS: Plot and Title Map

42 THE CORNFIELDS sits on a plot of roughly 29.6 acres, or 119,902m². The below map shows the location of 42 THE CORNFIELDS, 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 42 THE CORNFIELDS). 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 42 THE CORNFIELDS?

42 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 42 on THE CORNFIELDS.