2, MENVILLE CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6TH - £345,000

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 MENVILLE CLOSE is a very large extended detached house of 162m², built sometime between 1983 and 1990. It was last sold for £345,000 in December 2020, which was around 90% above the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

2 MENVILLE CLOSE Sold Prices

Land registry data shows three sales for 2 MENVILLE 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. All of the three 2 MENVILLE CLOSE 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
2020 18 DEC	£345,000	£181,572	90% above HPI
2017 21 JUN	£267,250	£166,031	61% above HPI
1999 3 NOV	£120,000	£77,059	56% above HPI

2 MENVILLE 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 MENVILLE CLOSE sales between November 1999 and December 2020 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 2017 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 2020 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 2 MENVILLE CLOSE?

2 MENVILLE CLOSE is 162m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 2 MENVILLE CLOSE lies on this distribution: 90% of detached houses are smaller than 2 MENVILLE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

2 MENVILLE CLOSE: Plot and Title Map

2 MENVILLE CLOSE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of 2 MENVILLE 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 MENVILLE 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 MENVILLE CLOSE?

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