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
71 OAKFIELDS is a midsized detached house of 122m², built sometime between 2003 and 2006. It was last sold for £190,000 in August 2018, which was around 12% above the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 71 OAKFIELDS 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. One of the three 71 OAKFIELDS sales was for above the average price, whilst two were 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 |
---|---|---|---|
2018 6 AUG | £190,000 | £169,680 | 12% above HPI |
2015 13 AUG | £149,000 | £161,618 | 8% below HPI |
2005 22 DEC | £148,000 | £174,474 | 15% below 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 71 OAKFIELDS sales between December 2005 and August 2018 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 August 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
71 OAKFIELDS is 122m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Hunwick, based on EPC data. The below chart shows the distribution of detached houses by size in Hunwick, and where 71 OAKFIELDS lies on this distribution: 47% of detached houses are smaller than 71 OAKFIELDS, and 53% of houses are larger. Note that EPC data is not available for all properties in Hunwick.
71 OAKFIELDS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 71 OAKFIELDS, 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 71 OAKFIELDS). 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.
71 OAKFIELDS is located in HUNWICK, in the DL15 postcode district. The below map shows the position of No. 71 on OAKFIELDS.