OAKENDALE, LESLIES DRIVE, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1HT - £400,000

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

OAKENDALE is a very large extended detached house of 215m², built sometime between 2003 and 2006. It was last sold for £400,000 in October 2022, which was around 22% above the average October 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was D.

OAKENDALE Sold Prices

Land registry data shows two sales for OAKENDALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two OAKENDALE sales was for above the average price, whilst the other 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
2022 28 OCT	£400,000	£327,541	22% above HPI
2003 31 JAN	£65,000	£145,917	55% below HPI

OAKENDALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two OAKENDALE sales from January 2003 and October 2022 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 January 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is OAKENDALE?

OAKENDALE is 215m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses by size in Otterburn, and where OAKENDALE lies on this distribution: 80% of detached houses are smaller than OAKENDALE, and 20% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

OAKENDALE: Plot and Title Map

OAKENDALE sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of OAKENDALE, 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 OAKENDALE). 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 OAKENDALE?

OAKENDALE is located on LESLIES DRIVE in OTTERBURN, in the NE19 postcode district. The below map shows the position of OAKENDALE on LESLIES DRIVE.