16, THE OAKS, WEST CORNFORTH, FERRYHILL, DL17 9JT - £49,950

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.

16 THE OAKS is a detached house, which could now be worth an estimated £127,075. It was last sold for £49,950 in May 2002, which was around 46% below the average May 2002 detached price in the County Durham local authority area.

16 THE OAKS Sold Prices

Land registry data shows one sale for 16 THE OAKS 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
2002 3 MAY	£49,950	£92,118	46% below HPI

What might 16 THE OAKS be worth now?

16 THE OAKS might now be worth an estimated £127,075.

This is based on house price inflation of 154.4%, between May 2002 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 154.4% inflationary increase is applied to the most recent sale price for 16 THE OAKS of £49,950 on 3rd May 2002. For the value to have increased from £49,950 to £127,075 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 16 THE OAKS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2002 sale price of £49,950 represented a fair market value for the property.
• The size, condition, and specification of 16 THE OAKS has not materially changed since May 2002.

Where is 16 THE OAKS?

16 THE OAKS is located in WEST CORNFORTH, in the DL17 postcode district.