31, KENSINGTON WAY, NEWFIELD, CHESTER LE STREET, DH2 2BF - £192,000

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

31 KENSINGTON WAY is a very small detached house of 88m², built sometime from 2012 onwards. It was last sold for £192,000 in February 2022, which was around 3% below the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

31 KENSINGTON WAY Sold Prices

Land registry data shows two sales for 31 KENSINGTON 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 31 KENSINGTON 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 8 FEB	£192,000	£196,925	3% below HPI
2013 27 SEP	£170,950	£162,432	5% above HPI

31 KENSINGTON 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 31 KENSINGTON WAY sales from September 2013 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 31 KENSINGTON WAY?

31 KENSINGTON WAY is 88m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Newfield, based on EPC data. The below chart shows the distribution of detached houses by size in Newfield, and where 31 KENSINGTON WAY lies on this distribution: 19% of detached houses are smaller than 31 KENSINGTON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Newfield.

31 KENSINGTON WAY: Plot and Title Map

31 KENSINGTON WAY sits on a plot of roughly 90.4 acres, or 366,020m². The below map shows the location of 31 KENSINGTON 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 31 KENSINGTON 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 31 KENSINGTON WAY?

31 KENSINGTON WAY is located in NEWFIELD, in the DH2 postcode district. The below map shows the position of No. 31 on KENSINGTON WAY.