78, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £232,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

78 OAKFIELDS is a large detached house of 112m², built sometime between 1967 and 1975. It was last sold for £232,000 in February 2006, which was around 32% above the average February 2006 detached price in the County Durham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

78 OAKFIELDS Sold Prices

Land registry data shows three sales for 78 OAKFIELDS since 1^st 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 78 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
2006 24 FEB	£232,000	£176,368	32% above HPI
2001 20 JUL	£125,000	£82,054	52% above HPI
2000 17 NOV	£125,000	£79,895	56% above HPI

78 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 three 78 OAKFIELDS sales between November 2000 and February 2006 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 July 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2006 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 78 OAKFIELDS?

78 OAKFIELDS is 112m² according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 78 OAKFIELDS lies on this distribution: 61% of detached houses are smaller than 78 OAKFIELDS, and 38% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

78 OAKFIELDS: Plot and Title Map

78 OAKFIELDS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 78 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 78 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 78 OAKFIELDS?

78 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 78 on OAKFIELDS.