8, OAKFIELDS, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6PQ - £207,500

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.

8 OAKFIELDS is a midsized detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £284,923. It was last sold for £207,500 in June 2017, which was around 22% above the average June 2017 detached price in the County Durham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 OAKFIELDS Sold Prices

Land registry data shows one sale for 8 OAKFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 JUN	£207,500	£170,671	22% above HPI

What might 8 OAKFIELDS be worth now?

8 OAKFIELDS might now be worth an estimated £284,923.

This is based on house price inflation of 37.3%, between June 2017 and May 2026, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.3% inflationary increase is applied to the most recent sale price for 8 OAKFIELDS of £207,500 on 30th June 2017. For the value to have increased from £207,500 to £284,923 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 8 OAKFIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2017 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKFIELDS has not materially changed since June 2017.

How Large is 8 OAKFIELDS?

8 OAKFIELDS is 98m² according to the EPC inspection conducted in November 2016. 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 8 OAKFIELDS lies on this distribution: 41% of detached houses are smaller than 8 OAKFIELDS, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Burnopfield.

8 OAKFIELDS: Plot

8 OAKFIELDS sits on a plot of roughly 0.085 of an acre, or 346m².

Where is 8 OAKFIELDS?

8 OAKFIELDS is located in BURNOPFIELD, in the NE16 postcode district.