15, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £173,000

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.

15 THE OAKS is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £175,758. It was last sold for £173,000 in December 2024, which was around 26% below the average December 2024 detached price in the County Durham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

15 THE OAKS Sold Prices

Land registry data shows five sales for 15 THE OAKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 15 THE OAKS sales were 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
2024 18 DEC	£173,000	£232,458	26% below HPI
2016 22 APR	£125,000	£164,286	24% below HPI
2014 14 APR	£100,000	£153,786	35% below HPI
2007 2 NOV	£142,000	£199,057	29% below HPI
2002 29 NOV	£66,570	£103,128	35% below HPI

15 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 five 15 THE OAKS sales between November 2002 and December 2024 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 April 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 THE OAKS be worth now?

15 THE OAKS might now be worth an estimated £175,758.

This is based on house price inflation of 1.6%, between December 2024 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 1.6% inflationary increase is applied to the most recent sale price for 15 THE OAKS of £173,000 on 18th December 2024. For the value to have increased from £173,000 to £175,758 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 15 THE OAKS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2024 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE OAKS has not materially changed since December 2024.

How Large is 15 THE OAKS?

15 THE OAKS is 116m² according to the EPC inspection conducted in March 2024. 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 15 THE OAKS lies on this distribution: 54% of detached houses houses are smaller than 15 THE OAKS, and 44% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

15 THE OAKS: Plot and Title Map

15 THE OAKS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 15 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 15 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 15 THE OAKS?

15 THE OAKS is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 15 on THE OAKS.