58, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £310,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

58 OAKFIELDS is a very large detached house of 155m², built sometime between 1991 and 1995. It was last sold for £310,500 in August 2010, which was around 79% above the average August 2010 detached price in the County Durham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

58 OAKFIELDS Sold Prices

Land registry data shows two sales for 58 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. Both of the two 58 OAKFIELDS 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
2010 12 AUG	£310,500	£173,863	79% above HPI
2009 14 AUG	£299,950	£166,839	80% above HPI

58 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 58 OAKFIELDS sales from August 2009 and August 2010 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 August 2009 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the August 2010 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 58 OAKFIELDS?

58 OAKFIELDS is 155m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 58 OAKFIELDS lies on this distribution: 82% of detached houses are smaller than 58 OAKFIELDS, and 18% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

58 OAKFIELDS: Plot and Title Map

58 OAKFIELDS sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 58 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 58 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 58 OAKFIELDS?

58 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 58 on OAKFIELDS.