59, OAKFIELD WAY, SEGHILL, CRAMLINGTON, NE23 7HQ - £157,000

59 OAKFIELD WAY is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £157,000 in December 2010, which was around 35% below the average December 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

59 OAKFIELD WAY Sold Prices

Land registry data shows three sales for 59 OAKFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 59 OAKFIELD WAY 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
2010 17 DEC	£157,000	£242,040	35% below HPI
2001 2 FEB	£67,000	£104,051	36% below HPI
1997 14 NOV	£59,000	£87,543	33% below HPI

59 OAKFIELD WAY 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 three 59 OAKFIELD WAY sales between November 1997 and December 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 February 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2010 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 59 OAKFIELD WAY?

59 OAKFIELD WAY is 58m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Seghill, based on EPC data. The below chart shows the distribution of detached houses by size in Seghill, and where 59 OAKFIELD WAY lies on this distribution: 3% of detached houses are smaller than 59 OAKFIELD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Seghill.

59 OAKFIELD WAY: Plot and Title Map

59 OAKFIELD WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 59 OAKFIELD WAY, 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 59 OAKFIELD WAY). 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 59 OAKFIELD WAY?

59 OAKFIELD WAY is located in SEGHILL, in the NE23 postcode district. The below map shows the position of No. 59 on OAKFIELD WAY.