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
29 CHELTENHAM WAY is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £175,000 in December 2016, which was around 7% above the average December 2016 detached price in the County Durham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 29 CHELTENHAM WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 29 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 |
---|---|---|---|
2016 16 DEC | £175,000 | £163,164 | 7% above HPI |
2016 24 AUG | £194,000 | £166,172 | 17% above HPI |
2000 6 DEC | £104,000 | £80,251 | 30% above HPI |
1998 16 SEP | £94,995 | £73,843 | 29% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 29 CHELTENHAM WAY sales between September 1998 and December 2016 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 August 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
29 CHELTENHAM WAY is 108m², which includes two extensions, according to the EPC inspection conducted in February 2016. 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 29 CHELTENHAM WAY lies on this distribution: 55% of detached houses are smaller than 29 CHELTENHAM WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
29 CHELTENHAM WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 29 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 29 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.
29 CHELTENHAM WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 29 on CHELTENHAM WAY.