24, SANDRINGHAM WAY, NEWFIELD, CHESTER LE STREET, DH2 2FE - £174,000

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 SANDRINGHAM WAY is a very small detached house of 79m². It was last sold for £174,000 in February 2022, which was around 12% below the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

24 SANDRINGHAM WAY Sold Prices

Land registry data shows three sales for 24 SANDRINGHAM WAY since 1^st 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. All of the three 24 SANDRINGHAM WAY 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
2022 4 FEB	£174,000	£196,925	12% below HPI
2019 27 SEP	£159,950	£172,053	7% below HPI
2013 31 OCT	£149,950	£158,490	5% below HPI

24 SANDRINGHAM 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 three 24 SANDRINGHAM WAY sales between October 2013 and February 2022 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 September 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 SANDRINGHAM WAY?

24 SANDRINGHAM WAY is 79m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Newfield, based on EPC data. The below chart shows the distribution of detached houses by size in Newfield, and where 24 SANDRINGHAM WAY lies on this distribution: Less than 1% of detached houses are smaller than 24 SANDRINGHAM WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newfield.

24 SANDRINGHAM WAY: Plot and Title Map

24 SANDRINGHAM WAY sits on a plot of roughly 90.4 acres, or 366,020m². The below map shows the location of 24 SANDRINGHAM 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 SANDRINGHAM 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 SANDRINGHAM WAY?

24 SANDRINGHAM WAY is located in NEWFIELD, in the DH2 postcode district. The below map shows the position of No. 24 on SANDRINGHAM WAY.