2, ELWICK AVENUE, NEWTON AYCLIFFE, DL5 7HZ - £217,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 ELWICK AVENUE is a midsized extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £217,000 in May 2024, which was around 6% above the average May 2024 detached price in the County Durham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 ELWICK AVENUE Sold Prices

Land registry data shows five sales for 2 ELWICK AVENUE 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 2 ELWICK AVENUE 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
2024 2 MAY	£217,000	£205,336	6% above HPI
2021 8 DEC	£207,000	£197,762	5% above HPI
2017 6 SEP	£153,000	£170,827	10% below HPI
1995 13 OCT	£56,250	£64,810	13% below HPI
1995 6 JUN	£58,000	£65,741	12% below HPI

2 ELWICK AVENUE 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 2 ELWICK AVENUE sales between June 1995 and May 2024 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 December 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2024 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 ELWICK AVENUE?

2 ELWICK AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 ELWICK AVENUE lies on this distribution: 42% of detached houses are smaller than 2 ELWICK AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 ELWICK AVENUE: Plot and Title Map

2 ELWICK AVENUE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 ELWICK AVENUE, 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 ELWICK AVENUE). 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 ELWICK AVENUE?

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