77, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £265,000

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

77 OAKFIELDS is a small detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £378,030. It was last sold for £265,000 in December 2015, which was around 61% above the average December 2015 detached price in the County Durham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

77 OAKFIELDS Sold Prices

Land registry data shows two sales for 77 OAKFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 77 OAKFIELDS 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
2015 4 DEC	£265,000	£164,442	61% above HPI
2006 20 DEC	£250,000	£188,280	33% above HPI

77 OAKFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 77 OAKFIELDS sales from December 2006 and December 2015 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2015 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 77 OAKFIELDS be worth now?

77 OAKFIELDS might now be worth an estimated £378,030.

This is based on house price inflation of 42.7%, between December 2015 and December 2024, for 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 42.7% inflationary increase is applied to the most recent sale price for 77 OAKFIELDS of £265,000 on 4th December 2015. For the value to have increased from £265,000 to £378,030 over the nine years to December 2024, the following assumptions must hold true:

• The value of 77 OAKFIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 77 OAKFIELDS has not materially changed since December 2015.

How Large is 77 OAKFIELDS?

77 OAKFIELDS is 82m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnopfield, and where 77 OAKFIELDS lies on this distribution: 23% of detached houses houses are smaller than 77 OAKFIELDS, and 76% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

77 OAKFIELDS: Plot and Title Map

77 OAKFIELDS sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 77 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 77 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.

Where is 77 OAKFIELDS?

77 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 77 on OAKFIELDS.