70, THE CORNFIELDS, HEBBURN, NE31 1YH - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

70 THE CORNFIELDS is a large detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £319,541. It was last sold for £225,000 in August 2005, which was around 5% above the average August 2005 detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

70 THE CORNFIELDS Sold Prices

Land registry data shows two sales for 70 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. One of the two 70 THE CORNFIELDS sales was for above the average price, whilst the other was 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
2005 11 AUG	£225,000	£214,458	5% above HPI
1996 31 MAY	£75,000	£79,879	6% below HPI

70 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 70 THE CORNFIELDS sales from May 1996 and August 2005 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 May 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2005 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 70 THE CORNFIELDS be worth now?

70 THE CORNFIELDS might now be worth an estimated £319,541.

This is based on house price inflation of 42%, between August 2005 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for 70 THE CORNFIELDS of £225,000 on 11th August 2005. For the value to have increased from £225,000 to £319,541 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of 70 THE CORNFIELDS has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The August 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 70 THE CORNFIELDS has not materially changed since August 2005.

How Large is 70 THE CORNFIELDS?

70 THE CORNFIELDS is 122m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 70 THE CORNFIELDS lies on this distribution: 75% of detached houses houses are smaller than 70 THE CORNFIELDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

70 THE CORNFIELDS: Plot and Title Map

70 THE CORNFIELDS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 70 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 70 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 70 THE CORNFIELDS?

70 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 70 on THE CORNFIELDS.