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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 16% 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	£178,837	16% below HPI
2005 24 MAR	£158,000	£165,567	5% below HPI
1998 22 SEP	£62,000	£75,907	18% below HPI
1995 11 AUG	£65,995	£68,286	3% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 WOLVESTON CLOSE be worth now?

2 WOLVESTON CLOSE might now be worth an estimated £196,755.

This is based on house price inflation of 31.2%, between December 2009 and December 2024, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 2 WOLVESTON CLOSE of £150,000 on 9th December 2009. For the value to have increased from £150,000 to £196,755 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 2 WOLVESTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2009 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOLVESTON CLOSE has not materially changed since December 2009.

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 houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Aycliffe, and where 2 WOLVESTON CLOSE lies on this distribution: 9% of detached houses 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.