10, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £146,500

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.

10 THE OAKS is a midsized detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £212,763. It was last sold for £146,500 in September 2014, which was around 10% below the average September 2014 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

10 THE OAKS Sold Prices

Land registry data shows three sales for 10 THE OAKS 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 10 THE OAKS sales were for below the average price, whilst one was 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
2014 5 SEP	£146,500	£162,613	10% below HPI
2008 9 MAY	£165,000	£194,639	15% below HPI
2000 29 SEP	£95,000	£84,693	12% above HPI

10 THE OAKS 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 10 THE OAKS sales between September 2000 and September 2014 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 May 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 10 THE OAKS be worth now?

10 THE OAKS might now be worth an estimated £212,763.

This is based on house price inflation of 45.2%, between September 2014 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 45.2% inflationary increase is applied to the most recent sale price for 10 THE OAKS of £146,500 on 5th September 2014. For the value to have increased from £146,500 to £212,763 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 THE OAKS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2014 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 10 THE OAKS has not materially changed since September 2014.

How Large is 10 THE OAKS?

10 THE OAKS is 118m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cornforth, and where 10 THE OAKS lies on this distribution: 59% of detached houses houses are smaller than 10 THE OAKS, and 41% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

10 THE OAKS: Plot and Title Map

10 THE OAKS sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 10 THE OAKS, 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 10 THE OAKS). 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 10 THE OAKS?

10 THE OAKS is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 10 on THE OAKS.