24, OAKLEA MEWS, AYCLIFFE, NEWTON AYCLIFFE, DL5 6JP - £190,000

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

24 OAKLEA MEWS is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2003, which was around 56% above the average August 2003 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

24 OAKLEA MEWS Sold Prices

Land registry data shows two sales for 24 OAKLEA MEWS 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 OAKLEA MEWS 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
2003 27 AUG	£190,000	£121,834	56% above HPI
2000 18 OCT	£122,000	£82,804	47% above HPI

24 OAKLEA MEWS 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 OAKLEA MEWS sales from October 2000 and August 2003 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 October 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2003 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 24 OAKLEA MEWS be worth now?

24 OAKLEA MEWS might now be worth an estimated £365,829.

This is based on house price inflation of 92.5%, between August 2003 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 92.5% inflationary increase is applied to the most recent sale price for 24 OAKLEA MEWS of £190,000 on 27th August 2003. For the value to have increased from £190,000 to £365,829 over the twenty years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 OAKLEA MEWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2003 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OAKLEA MEWS has not materially changed since August 2003.

How Large is 24 OAKLEA MEWS?

24 OAKLEA MEWS is 65m² according to the EPC inspection conducted in September 2020. 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 24 OAKLEA MEWS lies on this distribution: 5% of detached houses houses are smaller than 24 OAKLEA MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

24 OAKLEA MEWS: Plot and Title Map

24 OAKLEA MEWS sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 24 OAKLEA MEWS, 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 OAKLEA MEWS). 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 OAKLEA MEWS?

24 OAKLEA MEWS is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 24 on OAKLEA MEWS.