31, MALVERN WAY, NEWTON AYCLIFFE, DL5 7PR - £248,000

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 MALVERN WAY is a large detached house of 130m², built sometime between 1991 and 1995. It was last sold for £248,000 in March 2019, which was around 54% above the average March 2019 detached price in the County Durham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

31 MALVERN WAY Sold Prices

Land registry data shows two sales for 31 MALVERN 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. Both of the two 31 MALVERN 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
2019 5 MAR	£248,000	£161,190	54% above HPI
2006 27 MAR	£220,000	£176,096	25% above HPI

31 MALVERN 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 MALVERN WAY sales from March 2006 and March 2019 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 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 31 MALVERN WAY?

31 MALVERN WAY is 130m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 31 MALVERN WAY lies on this distribution: 80% of detached houses are smaller than 31 MALVERN WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

31 MALVERN WAY: Plot and Title Map

31 MALVERN WAY sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 31 MALVERN 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 MALVERN 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 MALVERN WAY?

31 MALVERN WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 31 on MALVERN WAY.