1, ELWICK AVENUE, NEWTON AYCLIFFE, DL5 7HZ - £120,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELWICK AVENUE is a very small extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £170,837. It was last sold for £120,000 in March 2016, which was around 26% above the average March 2016 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

1 ELWICK AVENUE Sold Prices

Land registry data shows two sales for 1 ELWICK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 1 ELWICK AVENUE 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
2016 31 MAR	£120,000	£95,142	26% above HPI
2006 9 JUN	£124,950	£108,277	15% above HPI

1 ELWICK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 1 ELWICK AVENUE sales from June 2006 and March 2016 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 June 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 ELWICK AVENUE be worth now?

1 ELWICK AVENUE might now be worth an estimated £170,837.

This is based on house price inflation of 42.4%, between March 2016 and December 2024, for semi-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 42.4% inflationary increase is applied to the most recent sale price for 1 ELWICK AVENUE of £120,000 on 31st March 2016. For the value to have increased from £120,000 to £170,837 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 1 ELWICK AVENUE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2016 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELWICK AVENUE has not materially changed since March 2016.

How Large is 1 ELWICK AVENUE?

1 ELWICK AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of semi-detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Aycliffe, and where 1 ELWICK AVENUE lies on this distribution: 15% of semi-detached houses houses are smaller than 1 ELWICK AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

1 ELWICK AVENUE: Plot and Title Map

1 ELWICK AVENUE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 ELWICK AVENUE, 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 1 ELWICK AVENUE). 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 1 ELWICK AVENUE?

1 ELWICK AVENUE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 1 on ELWICK AVENUE.