2, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £129,950

2 OAKFIELDS is a midsized extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £129,950 in June 2002, which was around 42% above the average June 2002 detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 OAKFIELDS Sold Prices

Land registry data shows two sales for 2 OAKFIELDS 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. One of the two 2 OAKFIELDS 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
2002 7 JUN	£129,950	£91,276	42% above HPI
1996 12 FEB	£50,000	£66,766	25% below HPI

2 OAKFIELDS 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 2 OAKFIELDS sales from February 1996 and June 2002 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 February 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2002 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 OAKFIELDS?

2 OAKFIELDS is 99m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 2 OAKFIELDS lies on this distribution: 41% of detached houses are smaller than 2 OAKFIELDS, and 59% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

2 OAKFIELDS: Plot and Title Map

2 OAKFIELDS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 OAKFIELDS, 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 2 OAKFIELDS). 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 2 OAKFIELDS?

2 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 2 on OAKFIELDS.