62, OAKWELL COURT, HAMSTERLEY COLLIERY, NEWCASTLE UPON TYNE, NE17 7BE - £157,500

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.

62 OAKWELL COURT is a very small extended semi-detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £185,347. It was last sold for £157,500 in January 2022, which was around 36% above the average January 2022 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

62 OAKWELL COURT Sold Prices

Land registry data shows three sales for 62 OAKWELL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 62 OAKWELL COURT 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
2022 5 JAN	£157,500	£115,703	36% above HPI
2007 27 APR	£157,000	£109,882	43% above HPI
2002 18 JAN	£72,995	£46,598	57% above HPI

62 OAKWELL COURT 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 three 62 OAKWELL COURT sales between January 2002 and January 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 April 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 62 OAKWELL COURT be worth now?

62 OAKWELL COURT might now be worth an estimated £185,347.

This is based on house price inflation of 17.7%, between January 2022 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 17.7% inflationary increase is applied to the most recent sale price for 62 OAKWELL COURT of £157,500 on 5th January 2022. For the value to have increased from £157,500 to £185,347 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 62 OAKWELL COURT has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2022 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 62 OAKWELL COURT has not materially changed since January 2022.

How Large is 62 OAKWELL COURT?

62 OAKWELL COURT is 73m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of semi-detached houses houses in Hamsterley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hamsterley, and where 62 OAKWELL COURT lies on this distribution: 2% of semi-detached houses houses are smaller than 62 OAKWELL COURT, and 98% of houses are larger. Note that EPC data is not available for all properties in Hamsterley.

62 OAKWELL COURT: Plot and Title Map

62 OAKWELL COURT sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 62 OAKWELL COURT, 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 62 OAKWELL COURT). 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 62 OAKWELL COURT?

62 OAKWELL COURT is located in HAMSTERLEY COLLIERY, in the NE17 postcode district. The below map shows the position of No. 62 on OAKWELL COURT.