Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 ALVERTON DRIVE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £210,000 in November 2020, which was around 17% above the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 ALVERTON DRIVE 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. One of the two 38 ALVERTON DRIVE sales was for above the average price, whilst the other was for below 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 13 NOV | £210,000 | £179,153 | 17% above HPI |
2006 17 NOV | £180,000 | £182,475 | 1% below 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 38 ALVERTON DRIVE sales from November 2006 and November 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 November 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
38 ALVERTON DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 38 ALVERTON DRIVE lies on this distribution: 32% of detached houses are smaller than 38 ALVERTON DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
38 ALVERTON DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 38 ALVERTON DRIVE, 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 38 ALVERTON DRIVE). 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.
38 ALVERTON DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 38 on ALVERTON DRIVE.