5, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £125,000

5 THE OAKS is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £125,000 in November 2019, which was around 26% below the average November 2019 detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

5 THE OAKS Sold Prices

Land registry data shows three sales for 5 THE OAKS 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 5 THE OAKS 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
2019 14 NOV	£125,000	£169,475	26% below HPI
2011 16 DEC	£118,000	£165,089	29% below HPI
2002 26 SEP	£49,950	£96,423	48% below HPI

5 THE OAKS 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 5 THE OAKS sales between September 2002 and November 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 December 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 THE OAKS?

5 THE OAKS is 92m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses by size in Cornforth, and where 5 THE OAKS lies on this distribution: 23% of detached houses are smaller than 5 THE OAKS, and 77% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

5 THE OAKS: Plot and Title Map

5 THE OAKS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 THE OAKS, 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 5 THE OAKS). 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 5 THE OAKS?

5 THE OAKS is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 5 on THE OAKS.