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
21 BURN LANE is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £157,500 in October 2020, which was around 10% below the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 21 BURN LANE since 1st 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 21 BURN LANE 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 |
---|---|---|---|
2020 23 OCT | £157,500 | £175,528 | 10% below HPI |
2020 13 FEB | £100,000 | £166,229 | 40% below HPI |
2019 22 NOV | £81,500 | £169,475 | 52% below HPI |
2001 29 JUN | £54,000 | £81,054 | 33% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 21 BURN LANE sales between June 2001 and October 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 February 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
21 BURN LANE is 151m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 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 21 BURN LANE lies on this distribution: 90% of detached houses are smaller than 21 BURN LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
21 BURN LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 21 BURN LANE, 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 21 BURN LANE). 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.
21 BURN LANE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 21 on BURN LANE.