55, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6BQ - £151,000

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.

55 BUSTY BANK is a very small extended semi-detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £168,152. It was last sold for £151,000 in May 2024, which was around 23% above the average May 2024 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was A.

55 BUSTY BANK Sold Prices

Land registry data shows six sales for 55 BUSTY BANK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the six 55 BUSTY BANK 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
2024 24 MAY	£151,000	£122,271	23% above HPI
2017 15 DEC	£134,000	£99,702	34% above HPI
2015 27 MAR	£125,000	£91,151	37% above HPI
2004 14 MAY	£134,000	£80,391	67% above HPI
2002 14 AUG	£87,000	£51,774	68% above HPI
1999 11 AUG	£66,000	£42,652	55% above HPI

55 BUSTY BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The six 55 BUSTY BANK sales between August 1999 and May 2024 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2024 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 55 BUSTY BANK be worth now?

55 BUSTY BANK might now be worth an estimated £168,152.

This is based on house price inflation of 11.4%, between May 2024 and February 2025, for semi-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 11.4% inflationary increase is applied to the most recent sale price for 55 BUSTY BANK of £151,000 on 24th May 2024. For the value to have increased from £151,000 to £168,152 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 55 BUSTY BANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2024 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BUSTY BANK has not materially changed since May 2024.

How Large is 55 BUSTY BANK?

55 BUSTY BANK is 75m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of semi-detached houses houses in Burnopfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burnopfield, and where 55 BUSTY BANK lies on this distribution: 15% of semi-detached houses houses are smaller than 55 BUSTY BANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

55 BUSTY BANK: Plot and Title Map

55 BUSTY BANK sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 55 BUSTY BANK, 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 55 BUSTY BANK). 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 55 BUSTY BANK?

55 BUSTY BANK is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 55 on BUSTY BANK.