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
28 MELLANBY CRESCENT is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £84,000 in September 2020, which was around 51% below the average September 2020 detached price in the County Durham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 28 MELLANBY CRESCENT 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. All of the three 28 MELLANBY CRESCENT 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 |
---|---|---|---|
2020 3 SEP | £84,000 | £171,783 | 51% below HPI |
2018 14 DEC | £82,000 | £170,136 | 52% below HPI |
2005 16 DEC | £76,000 | £174,474 | 56% 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 28 MELLANBY CRESCENT sales between December 2005 and September 2020 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 December 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2020 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.
28 MELLANBY CRESCENT is 72m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% 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 MELLANBY CRESCENT lies on this distribution: 9% of detached houses are smaller than 28 MELLANBY CRESCENT, and 90% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
28 MELLANBY CRESCENT sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 28 MELLANBY CRESCENT, 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 MELLANBY CRESCENT). 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.
28 MELLANBY CRESCENT is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 28 on MELLANBY CRESCENT.