24, CHELTENHAM WAY, NEWTON AYCLIFFE, DL5 4YD - £177,000

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

24 CHELTENHAM WAY is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £177,000 in October 2012, which was around 8% above the average October 2012 detached price in the County Durham local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

24 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 24 CHELTENHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 24 CHELTENHAM WAY sales were for above 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
2012 5 OCT	£177,000	£163,254	8% above HPI
1999 28 MAY	£84,995	£72,153	18% above HPI

24 CHELTENHAM WAY 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 two 24 CHELTENHAM WAY sales from May 1999 and October 2012 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 May 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 24 CHELTENHAM WAY?

24 CHELTENHAM WAY is 109m² according to the EPC inspection conducted in November 2008. This puts it in the largest 50% 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 24 CHELTENHAM WAY lies on this distribution: 58% of detached houses are smaller than 24 CHELTENHAM WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

24 CHELTENHAM WAY: Plot and Title Map

24 CHELTENHAM WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 24 CHELTENHAM WAY, 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 24 CHELTENHAM WAY). 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 24 CHELTENHAM WAY?

24 CHELTENHAM WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 24 on CHELTENHAM WAY.