28, MALVERN WAY, NEWTON AYCLIFFE, DL5 7PR - £185,000

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

28 MALVERN WAY is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £185,000 in February 2022, which was around 6% below the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

28 MALVERN WAY Sold Prices

Land registry data shows two sales for 28 MALVERN 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. One of the two 28 MALVERN WAY sales was for below the average price, whilst the other was 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
2022 4 FEB	£185,000	£196,925	6% below HPI
2020 21 SEP	£173,500	£171,783	1% above HPI

28 MALVERN 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 28 MALVERN WAY sales from September 2020 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 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 28 MALVERN WAY?

28 MALVERN WAY is 79m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% 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 28 MALVERN WAY lies on this distribution: 16% of detached houses are smaller than 28 MALVERN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

28 MALVERN WAY: Plot and Title Map

28 MALVERN WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 28 MALVERN 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 28 MALVERN 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 28 MALVERN WAY?

28 MALVERN WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 28 on MALVERN WAY.