2, EADE CLOSE, NEWTON AYCLIFFE, DL5 7QG - £230,000

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

2 EADE CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £230,000 in May 2021, which was around 22% above the average May 2021 detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 EADE CLOSE Sold Prices

Land registry data shows three sales for 2 EADE CLOSE since 1^st 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 2 EADE CLOSE 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
2021 26 MAY	£230,000	£187,934	22% above HPI
2014 29 AUG	£145,000	£160,481	10% below HPI
1998 30 JAN	£82,995	£71,513	16% above HPI

2 EADE CLOSE 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 three 2 EADE CLOSE sales between January 1998 and May 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 August 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 EADE CLOSE?

2 EADE CLOSE is 100m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 2 EADE CLOSE lies on this distribution: 45% of detached houses are smaller than 2 EADE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 EADE CLOSE: Plot and Title Map

2 EADE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 EADE 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 2 EADE 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.

Where is 2 EADE CLOSE?

2 EADE CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 2 on EADE CLOSE.