34, OAKLEA MEWS, AYCLIFFE, NEWTON AYCLIFFE, DL5 6JP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 OAKLEA MEWS is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £271,280. It was last sold for £195,000 in March 2020, which was around 15% above the average March 2020 detached price in the County Durham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

34 OAKLEA MEWS Sold Prices

Land registry data shows three sales for 34 OAKLEA MEWS since 1^st 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. All of the three 34 OAKLEA MEWS 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
2020 6 MAR	£195,000	£169,758	15% above HPI
2003 15 AUG	£155,000	£121,834	27% above HPI
1999 27 OCT	£96,950	£79,572	22% above HPI

34 OAKLEA MEWS 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 three 34 OAKLEA MEWS sales between October 1999 and March 2020 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 August 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 34 OAKLEA MEWS be worth now?

34 OAKLEA MEWS might now be worth an estimated £271,280.

This is based on house price inflation of 39.1%, between March 2020 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.1% inflationary increase is applied to the most recent sale price for 34 OAKLEA MEWS of £195,000 on 6th March 2020. For the value to have increased from £195,000 to £271,280 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 34 OAKLEA MEWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 34 OAKLEA MEWS has not materially changed since March 2020.

How Large is 34 OAKLEA MEWS?

34 OAKLEA MEWS is 121m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Aycliffe, and where 34 OAKLEA MEWS lies on this distribution: 71% of detached houses houses are smaller than 34 OAKLEA MEWS, and 28% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

34 OAKLEA MEWS: Plot and Title Map

34 OAKLEA MEWS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 34 OAKLEA 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 34 OAKLEA 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.

Where is 34 OAKLEA MEWS?

34 OAKLEA MEWS is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 34 on OAKLEA MEWS.