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
7 OAKWOOD is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £350,000 in January 2022, which was around 79% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 OAKWOOD since 1st 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 7 OAKWOOD 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 26 JAN | £350,000 | £195,618 | 79% above HPI |
2016 2 DEC | £227,500 | £163,164 | 39% above HPI |
1998 30 JUN | £94,950 | £71,732 | 32% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 7 OAKWOOD sales between June 1998 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 December 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2022 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.
7 OAKWOOD is 91m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Coxhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Coxhoe, and where 7 OAKWOOD lies on this distribution: 37% of detached houses are smaller than 7 OAKWOOD, and 62% of houses are larger. Note that EPC data is not available for all properties in Coxhoe.
7 OAKWOOD sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of 7 OAKWOOD, 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 7 OAKWOOD). 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.
7 OAKWOOD is located in COXHOE, in the DH6 postcode district. The below map shows the position of No. 7 on OAKWOOD.