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
32 MALVERN WAY is a large extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £300,000 in July 2023, which was around 46% above the average July 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 32 MALVERN WAY since 1st 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 32 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 |
---|---|---|---|
2023 10 JUL | £300,000 | £205,116 | 46% above HPI |
2007 1 MAY | £215,000 | £183,519 | 17% 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 two 32 MALVERN WAY sales from May 2007 and July 2023 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 May 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
32 MALVERN WAY is 117m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% 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 32 MALVERN WAY lies on this distribution: 66% of detached houses are smaller than 32 MALVERN WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
32 MALVERN WAY sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 32 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 32 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.
32 MALVERN WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 32 on MALVERN WAY.