51, THE CORNFIELDS, HEBBURN, NE31 1YJ - £164,950

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

51 THE CORNFIELDS is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £164,950 in December 2017, which was around 30% below the average December 2017 detached price in the South Tyneside local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

51 THE CORNFIELDS Sold Prices

Land registry data shows two sales for 51 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 51 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
2017 20 DEC	£164,950	£235,283	30% below HPI
2013 4 MAR	£146,000	£198,071	26% below HPI

51 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 two 51 THE CORNFIELDS sales from March 2013 and December 2017 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 March 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 THE CORNFIELDS?

51 THE CORNFIELDS is 77m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 51 THE CORNFIELDS lies on this distribution: 6% of detached houses are smaller than 51 THE CORNFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

51 THE CORNFIELDS: Plot and Title Map

51 THE CORNFIELDS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 51 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 51 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 51 THE CORNFIELDS?

51 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 51 on THE CORNFIELDS.