Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
10 RADDIVE CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £130,000 in October 2023, which was around 38% below the average October 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 10 RADDIVE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 10 RADDIVE CLOSE 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 |
---|---|---|---|
2023 20 OCT | £130,000 | £210,114 | 38% below HPI |
2017 23 JUN | £105,000 | £166,031 | 37% below HPI |
2009 23 MAR | £106,500 | £164,233 | 35% below HPI |
2004 16 AUG | £97,950 | £151,670 | 35% below HPI |
2000 14 JUL | £50,600 | £81,192 | 38% 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 five 10 RADDIVE CLOSE sales between July 2000 and October 2023 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
10 RADDIVE CLOSE is 56m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Aycliffe, and where 10 RADDIVE CLOSE lies on this distribution: 1% of detached houses are smaller than 10 RADDIVE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
10 RADDIVE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 10 RADDIVE CLOSE, 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 10 RADDIVE CLOSE). 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.
10 RADDIVE CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 10 on RADDIVE CLOSE.