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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FARM COTTAGE is a midsized detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £447,514. It was last sold for £315,000 in July 2015, which was around 89% 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	£166,233	89% above HPI
2011 16 AUG	£285,000	£169,584	68% above HPI
1997 22 AUG	£62,000	£74,977	17% 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2015 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might FARM COTTAGE be worth now?

FARM COTTAGE might now be worth an estimated £447,514.

This is based on house price inflation of 42.1%, between July 2015 and February 2025, 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 42.1% inflationary increase is applied to the most recent sale price for FARM COTTAGE of £315,000 on 6th July 2015. For the value to have increased from £315,000 to £447,514 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of FARM COTTAGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of FARM COTTAGE has not materially changed since July 2015.

How Large is FARM COTTAGE?

FARM COTTAGE is 98m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% 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 FARM COTTAGE lies on this distribution: 41% of detached houses houses are smaller than FARM COTTAGE, and 59% 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 0.110 of an acre, or 447m². 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.