Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE MALTINGS is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £184,000 in May 2018, which was around 11% above the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 THE MALTINGS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 1 THE MALTINGS sales were for above the average price, whilst one was 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 |
---|---|---|---|
2018 11 MAY | £184,000 | £165,135 | 11% above HPI |
2007 29 JUN | £220,000 | £183,739 | 20% above HPI |
1997 3 SEP | £30,000 | £72,093 | 58% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 1 THE MALTINGS sales between September 1997 and May 2018 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
1 THE MALTINGS is 129m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where 1 THE MALTINGS lies on this distribution: 78% of detached houses are smaller than 1 THE MALTINGS, and 22% of houses are larger. Note that EPC data is not available for all properties in Wingate.
1 THE MALTINGS sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 THE MALTINGS, 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 THE MALTINGS). 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.
1 THE MALTINGS is located in WINGATE, in the TS28 postcode district. The below map shows the position of No. 1 on THE MALTINGS.