4, ELWICK AVENUE, NEWTON AYCLIFFE, DL5 7HZ - £129,000

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.

4 ELWICK AVENUE is a large extended semi-detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £184,008. It was last sold for £129,000 in August 2014, which was around 35% above the average August 2014 semi-detached price in the County Durham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

4 ELWICK AVENUE Sold Prices

Land registry data shows three sales for 4 ELWICK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 4 ELWICK AVENUE 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
2014 29 AUG	£129,000	£95,456	35% above HPI
2003 17 APR	£90,000	£60,234	49% above HPI
1999 18 JUN	£59,950	£40,977	46% above HPI

4 ELWICK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 4 ELWICK AVENUE sales between June 1999 and August 2014 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 April 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2014 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 ELWICK AVENUE be worth now?

4 ELWICK AVENUE might now be worth an estimated £184,008.

This is based on house price inflation of 42.6%, between August 2014 and February 2025, for semi-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 42.6% inflationary increase is applied to the most recent sale price for 4 ELWICK AVENUE of £129,000 on 29th August 2014. For the value to have increased from £129,000 to £184,008 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 4 ELWICK AVENUE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2014 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELWICK AVENUE has not materially changed since August 2014.

How Large is 4 ELWICK AVENUE?

4 ELWICK AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of semi-detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Aycliffe, and where 4 ELWICK AVENUE lies on this distribution: 60% of semi-detached houses houses are smaller than 4 ELWICK AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

4 ELWICK AVENUE: Plot and Title Map

4 ELWICK AVENUE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 4 ELWICK AVENUE, 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 4 ELWICK AVENUE). 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 4 ELWICK AVENUE?

4 ELWICK AVENUE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 4 on ELWICK AVENUE.