2, SPRINGFIELDS, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6QP - £259,000

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 SPRINGFIELDS is a midsized detached house of 122m², built sometime between 1991 and 1995. It was last sold for £259,000 in October 2022, which was around 20% above the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGFIELDS Sold Prices

Land registry data shows four sales for 2 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. two of the four 2 SPRINGFIELDS sales were for above the average price, and four 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 12 OCT	£259,000	£216,216	20% above HPI
2008 5 DEC	£230,000	£172,233	34% above HPI
2006 18 AUG	£174,000	£182,650	5% below HPI
1999 14 MAY	£70,000	£72,153	3% below HPI

2 SPRINGFIELDS 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 four 2 SPRINGFIELDS sales between May 1999 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 December 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 SPRINGFIELDS?

2 SPRINGFIELDS is 122m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% 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 SPRINGFIELDS lies on this distribution: 50% of detached houses are smaller than 2 SPRINGFIELDS, and 48% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

2 SPRINGFIELDS: Plot and Title Map

2 SPRINGFIELDS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 2 SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

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