97, THE CORNFIELDS, HEBBURN, NE31 1YJ - £215,000

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

97 THE CORNFIELDS is a small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £215,000 in March 2008, which was around 7% below the average March 2008 detached price in the South Tyneside local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

97 THE CORNFIELDS Sold Prices

Land registry data shows two sales for 97 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 97 THE CORNFIELDS 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
2008 14 MAR	£215,000	£231,705	7% below HPI
2006 26 MAY	£214,950	£218,370	2% below HPI

97 THE CORNFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 97 THE CORNFIELDS sales from May 2006 and March 2008 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2008 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 97 THE CORNFIELDS?

97 THE CORNFIELDS is 97m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 97 THE CORNFIELDS lies on this distribution: 32% of detached houses are smaller than 97 THE CORNFIELDS, and 67% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

97 THE CORNFIELDS: Plot and Title Map

97 THE CORNFIELDS sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 97 THE CORNFIELDS, 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 97 THE CORNFIELDS). 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 97 THE CORNFIELDS?

97 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 97 on THE CORNFIELDS.