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
3 CHERRY BLOSSOM MEWS is a very large detached house of 160m². It was last sold for £225,000 in September 2021, which was around 13% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 3 CHERRY BLOSSOM MEWS 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. Two of the three 3 CHERRY BLOSSOM MEWS sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 15 SEP | £225,000 | £198,499 | 13% above HPI |
2020 3 MAR | £185,000 | £165,142 | 12% above HPI |
2018 28 AUG | £30,000 | £169,680 | 82% 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 3 CHERRY BLOSSOM MEWS sales between August 2018 and September 2021 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 March 2020 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
3 CHERRY BLOSSOM MEWS is 160m² according to the EPC inspection conducted in June 2019. This puts it in the largest 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 3 CHERRY BLOSSOM MEWS lies on this distribution: 94% of detached houses are smaller than 3 CHERRY BLOSSOM MEWS, and 6% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
3 CHERRY BLOSSOM MEWS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 CHERRY BLOSSOM 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 3 CHERRY BLOSSOM 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.
3 CHERRY BLOSSOM MEWS is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 3 on CHERRY BLOSSOM MEWS.