15, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £125,000

15 THE OAKS is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £125,000 in April 2016, which was around 22% below the average April 2016 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 four sales for 15 THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 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
2016 22 APR	£125,000	£159,819	22% below HPI
2014 14 APR	£100,000	£149,605	33% below HPI
2007 2 NOV	£142,000	£193,646	27% below HPI
2002 29 NOV	£66,570	£100,325	34% 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 four 15 THE OAKS sales between November 2002 and April 2016 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Cornforth, based on EPC data. The below chart shows the distribution of detached houses by size in Cornforth, and where 15 THE OAKS lies on this distribution: 56% of detached houses are smaller than 15 THE OAKS, and 42% 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.