Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
23 ALVERTON DRIVE is a large extended detached house of 128m², built sometime between 1991 and 1995. It was last sold for £275,000 in April 2023, which was around 36% above the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 23 ALVERTON DRIVE since 1st 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. Two of the three 23 ALVERTON DRIVE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2023 21 APR | £275,000 | £202,725 | 36% above HPI |
2007 30 NOV | £207,000 | £193,646 | 7% above HPI |
2000 25 AUG | £76,950 | £82,814 | 7% 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 three 23 ALVERTON DRIVE sales between August 2000 and April 2023 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2023 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
23 ALVERTON DRIVE is 128m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 30% 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 23 ALVERTON DRIVE lies on this distribution: 78% of detached houses are smaller than 23 ALVERTON DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
23 ALVERTON DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 23 ALVERTON DRIVE, 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 23 ALVERTON DRIVE). 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.
23 ALVERTON DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 23 on ALVERTON DRIVE.