38, OAKLANDS, PONTELAND, NEWCASTLE UPON TYNE, NE20 9PH - £535,000

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.

38 OAKLANDS is a midsized extended detached house of 169m², built sometime between 1967 and 1975, which could now be worth an estimated £642,068. It was last sold for £535,000 in September 2021, which was around 79% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

38 OAKLANDS Sold Prices

Land registry data shows two sales for 38 OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 38 OAKLANDS sales were 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
2021 3 SEP	£535,000	£299,685	79% above HPI
2018 14 SEP	£445,000	£273,265	63% above HPI

38 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 38 OAKLANDS sales from September 2018 and September 2021 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 2018 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2021 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 38 OAKLANDS be worth now?

38 OAKLANDS might now be worth an estimated £642,068.

This is based on house price inflation of 20%, between September 2021 and April 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 38 OAKLANDS of £535,000 on 3rd September 2021. For the value to have increased from £535,000 to £642,068 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 38 OAKLANDS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 38 OAKLANDS has not materially changed since September 2021.

How Large is 38 OAKLANDS?

38 OAKLANDS is 169m², which includes four extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponteland, and where 38 OAKLANDS lies on this distribution: 48% of detached houses houses are smaller than 38 OAKLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

38 OAKLANDS: Plot and Title Map

38 OAKLANDS sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of 38 OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

38 OAKLANDS is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 38 on OAKLANDS.