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
14 SHERATON CLOSE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £147,000 in October 2022, which was around 32% below the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 14 SHERATON 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 14 SHERATON 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 |
---|---|---|---|
2022 21 OCT | £147,000 | £216,216 | 32% below HPI |
2020 31 MAR | £124,000 | £165,142 | 25% below HPI |
2010 19 NOV | £119,950 | £172,014 | 30% below HPI |
2005 8 DEC | £118,000 | £174,474 | 32% below HPI |
1996 17 MAY | £46,500 | £67,177 | 31% 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 14 SHERATON CLOSE sales between May 1996 and October 2022 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 March 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
14 SHERATON CLOSE is 83m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% 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 SHERATON CLOSE lies on this distribution: 21% of detached houses are smaller than 14 SHERATON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
14 SHERATON CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 14 SHERATON 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 14 SHERATON 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.
14 SHERATON CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 14 on SHERATON CLOSE.