14, CHELTENHAM WAY, NEWTON AYCLIFFE, DL5 4YD - £175,000

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

14 CHELTENHAM WAY is a large extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £175,000 in October 2008, which was around 5% below the average October 2008 detached price in the County Durham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

14 CHELTENHAM WAY Sold Prices

Land registry data shows five sales for 14 CHELTENHAM WAY since 1^st 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. Most of the five 14 CHELTENHAM WAY 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
2008 31 OCT	£175,000	£184,396	5% below HPI
2003 20 JUN	£140,500	£112,663	25% above HPI
2002 5 SEP	£119,950	£96,423	24% above HPI
2001 12 OCT	£100,000	£87,030	15% above HPI
1998 4 SEP	£86,495	£73,843	17% above HPI

14 CHELTENHAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five 14 CHELTENHAM WAY sales between September 1998 and October 2008 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2008 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 14 CHELTENHAM WAY?

14 CHELTENHAM WAY is 117m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% 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 14 CHELTENHAM WAY lies on this distribution: 66% of detached houses are smaller than 14 CHELTENHAM WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

14 CHELTENHAM WAY: Plot and Title Map

14 CHELTENHAM WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 14 CHELTENHAM WAY, 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 14 CHELTENHAM WAY). 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 14 CHELTENHAM WAY?

14 CHELTENHAM WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 14 on CHELTENHAM WAY.