3, MENVILLE CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6TH - £250,000

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

3 MENVILLE CLOSE is a very large extended detached house of 227m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2012, which was around 56% above the average July 2012 detached price in the County Durham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

3 MENVILLE CLOSE Sold Prices

Land registry data shows two sales for 3 MENVILLE CLOSE 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. Both of the two 3 MENVILLE CLOSE 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
2012 18 JUL	£250,000	£160,086	56% above HPI
2003 25 APR	£235,000	£109,078	115% above HPI

3 MENVILLE CLOSE 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 3 MENVILLE CLOSE sales from April 2003 and July 2012 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 April 2003 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the July 2012 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 3 MENVILLE CLOSE?

3 MENVILLE CLOSE is 227m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 3 MENVILLE CLOSE lies on this distribution: 99% of detached houses are smaller than 3 MENVILLE CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

3 MENVILLE CLOSE: Plot and Title Map

3 MENVILLE CLOSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 3 MENVILLE CLOSE, 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 MENVILLE CLOSE). 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 3 MENVILLE CLOSE?

3 MENVILLE CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 3 on MENVILLE CLOSE.