LIBERTY HOUSE, LEAZES FARM, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6AH - £640,000

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

LIBERTY HOUSE is a very large extended detached house of 238m², built sometime from 2007 onwards. It was last sold for £640,000 in October 2018, which was around 270% above the average October 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

LIBERTY HOUSE Sold Prices

Land registry data shows two sales for LIBERTY HOUSE 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 LIBERTY HOUSE 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
2018 18 OCT	£640,000	£172,861	270% above HPI
2012 20 DEC	£570,000	£161,624	253% above HPI

LIBERTY HOUSE 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 LIBERTY HOUSE sales from December 2012 and October 2018 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 December 2012 sale was for 253% above the HPI. So the extrapolation line tracks at 253% above the HPI over time, until the October 2018 sale, where it rises to 270% above the HPI. The line then continues to track at 270% above the HPI.

How Large is LIBERTY HOUSE?

LIBERTY HOUSE is 238m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 LIBERTY HOUSE lies on this distribution: 96% of detached houses are smaller than LIBERTY HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

LIBERTY HOUSE: Plot and Title Map

LIBERTY HOUSE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of LIBERTY HOUSE, 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 LIBERTY HOUSE). 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 LIBERTY HOUSE?

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