14, THE SPINNEY, NEWTON AYCLIFFE, DL5 4TQ - £297,000

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 THE SPINNEY is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £297,000 in September 2021, which was around 50% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

14 THE SPINNEY Sold Prices

Land registry data shows two sales for 14 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 14 THE SPINNEY 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
2021 29 SEP	£297,000	£198,499	50% above HPI
2015 8 MAY	£248,000	£158,611	56% above HPI

14 THE SPINNEY 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 two 14 THE SPINNEY sales from May 2015 and September 2021 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 May 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 14 THE SPINNEY?

14 THE SPINNEY is 106m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 THE SPINNEY lies on this distribution: 52% of detached houses are smaller than 14 THE SPINNEY, and 47% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

14 THE SPINNEY: Plot and Title Map

14 THE SPINNEY sits on a plot of roughly 0.261 of an acre, or 1,058m². The below map shows the location of 14 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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