LEAZES FARM, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6AH - £425,000

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

LEAZES FARM is a very large extended detached house of 288m², built sometime before 1900. It was last sold for £425,000 in January 2013, which was around 168% above the average January 2013 detached price in the County Durham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

LEAZES FARM Sold Prices

Land registry data shows two sales for LEAZES FARM since 1^st 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 LEAZES FARM 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
2013 18 JAN	£425,000	£158,801	168% above HPI
2001 28 FEB	£199,000	£79,728	150% above HPI

LEAZES FARM 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 two LEAZES FARM sales from February 2001 and January 2013 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 2001 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the January 2013 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is LEAZES FARM?

LEAZES FARM is 288m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where LEAZES FARM lies on this distribution: 99% of detached houses are smaller than LEAZES FARM, and 1% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

LEAZES FARM: Plot and Title Map

LEAZES FARM sits on a plot of roughly 0.196 of an acre, or 791m². The below map shows the location of LEAZES FARM, 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 LEAZES FARM). 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 LEAZES FARM?

LEAZES FARM is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of LEAZES FARM in BURNOPFIELD.