FARM COTTAGE, HIGH FRIARSIDE, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6AN - £315,000

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

FARM COTTAGE is a small detached house of 98m², built sometime between 1930 and 1949. It was last sold for £315,000 in July 2015, which was around 95% above the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

FARM COTTAGE Sold Prices

Land registry data shows three sales for FARM COTTAGE 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. Two of the three FARM COTTAGE sales were for above the average price, whilst one was 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
2015 6 JUL	£315,000	£161,714	95% above HPI
2011 16 AUG	£285,000	£164,973	73% above HPI
1997 22 AUG	£62,000	£72,939	15% below HPI

FARM COTTAGE 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 FARM COTTAGE sales between August 1997 and July 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 August 2011 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the July 2015 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is FARM COTTAGE?

FARM COTTAGE is 98m² according to the EPC inspection conducted in September 2009. 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 FARM COTTAGE lies on this distribution: 39% of detached houses are smaller than FARM COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

FARM COTTAGE: Plot and Title Map

FARM COTTAGE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of FARM COTTAGE, 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 FARM COTTAGE). 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 FARM COTTAGE?

FARM COTTAGE is located on HIGH FRIARSIDE in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of FARM COTTAGE on HIGH FRIARSIDE.