2, WOLVESTON CLOSE, NEWTON AYCLIFFE, DL5 7PX - £150,000

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 WOLVESTON CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £150,000 in December 2009, which was around 14% below the average December 2009 detached price in the County Durham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 WOLVESTON CLOSE Sold Prices

Land registry data shows four sales for 2 WOLVESTON CLOSE 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. All of the four 2 WOLVESTON CLOSE 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
2009 9 DEC	£150,000	£173,975	14% below HPI
2005 24 MAR	£158,000	£161,066	2% below HPI
1998 22 SEP	£62,000	£73,843	16% below HPI
1995 11 AUG	£65,995	£66,430	1% below HPI

2 WOLVESTON 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 four 2 WOLVESTON CLOSE sales between August 1995 and December 2009 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 March 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 WOLVESTON CLOSE?

2 WOLVESTON CLOSE is 71m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 WOLVESTON CLOSE lies on this distribution: 9% of detached houses are smaller than 2 WOLVESTON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 WOLVESTON CLOSE: Plot and Title Map

2 WOLVESTON CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 WOLVESTON 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 WOLVESTON 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 WOLVESTON CLOSE?

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