6, OAKHAM AVENUE, NEWCASTLE UPON TYNE, NE16 5YU - £260,000

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

6 OAKHAM AVENUE is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £260,000 in November 2016, which was around 16% above the average November 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

6 OAKHAM AVENUE Sold Prices

Land registry data shows two sales for 6 OAKHAM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 6 OAKHAM AVENUE 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
2016 3 NOV	£260,000	£223,881	16% above HPI
1998 4 DEC	£95,000	£79,231	20% above HPI

6 OAKHAM AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 6 OAKHAM AVENUE sales from December 1998 and November 2016 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 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 6 OAKHAM AVENUE?

6 OAKHAM AVENUE is 123m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 6 OAKHAM AVENUE lies on this distribution: 57% of detached houses are smaller than 6 OAKHAM AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Whickham.

6 OAKHAM AVENUE: Plot and Title Map

6 OAKHAM AVENUE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 6 OAKHAM AVENUE, 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 6 OAKHAM AVENUE). 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 6 OAKHAM AVENUE?

6 OAKHAM AVENUE is located in NEWCASTLE UPON TYNE, in the NE16 postcode district. The below map shows the position of No. 6 on OAKHAM AVENUE.