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
72 OAKFIELDS is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £142,500 in December 2013, which was around 8% below the average December 2013 detached price in the County Durham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 72 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. All of the three 72 OAKFIELDS sales 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 |
---|---|---|---|
2013 16 DEC | £142,500 | £155,685 | 8% below HPI |
2007 20 SEP | £153,000 | £192,396 | 20% below HPI |
2005 24 FEB | £145,000 | £161,537 | 10% 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 72 OAKFIELDS sales between February 2005 and December 2013 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
72 OAKFIELDS is 85m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Hunwick, based on EPC data. The below chart shows the distribution of detached houses by size in Hunwick, and where 72 OAKFIELDS lies on this distribution: 4% of detached houses are smaller than 72 OAKFIELDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Hunwick.
72 OAKFIELDS sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 72 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 72 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.
72 OAKFIELDS is located in HUNWICK, in the DL15 postcode district. The below map shows the position of No. 72 on OAKFIELDS.