38, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £175,000

38 OAKFIELDS is a very small extended detached house of 61m², built sometime between 1976 and 1982. It was last sold for £175,000 in July 2017, which was around 3% above the average July 2017 detached price in the County Durham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

38 OAKFIELDS Sold Prices

Land registry data shows three sales for 38 OAKFIELDS 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. One of the three 38 OAKFIELDS sales was for above the average price, whilst two 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
2017 28 JUL	£175,000	£170,057	3% above HPI
2016 23 SEP	£135,000	£166,538	19% below HPI
2008 12 JUN	£132,957	£190,877	30% below HPI

38 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 three 38 OAKFIELDS sales between June 2008 and July 2017 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 September 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 38 OAKFIELDS?

38 OAKFIELDS is 61m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 38 OAKFIELDS lies on this distribution: 5% of detached houses are smaller than 38 OAKFIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

38 OAKFIELDS: Plot and Title Map

38 OAKFIELDS sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 38 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 38 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 38 OAKFIELDS?

38 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 38 on OAKFIELDS.