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
86 OAKFIELDS is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £247,500 in April 2024, which was around 17% above the average April 2024 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 86 OAKFIELDS since 1st 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 86 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 |
---|---|---|---|
2024 29 APR | £247,500 | £210,812 | 17% above HPI |
2018 16 FEB | £170,000 | £166,178 | 2% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 86 OAKFIELDS sales from February 2018 and April 2024 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 February 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
86 OAKFIELDS is 96m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 86 OAKFIELDS lies on this distribution: 36% of detached houses are smaller than 86 OAKFIELDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.
86 OAKFIELDS sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 86 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 86 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.
86 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 86 on OAKFIELDS.