4, MEATLESBURN CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6QU - £145,000

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

4 MEATLESBURN CLOSE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £145,000 in March 2017, which was around 10% below the average March 2017 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 MEATLESBURN CLOSE Sold Prices

Land registry data shows two sales for 4 MEATLESBURN CLOSE 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 4 MEATLESBURN CLOSE sales were 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
2017 6 MAR	£145,000	£160,722	10% below HPI
2016 21 OCT	£117,000	£164,431	29% below HPI

4 MEATLESBURN CLOSE 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 4 MEATLESBURN CLOSE sales from October 2016 and March 2017 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 October 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 MEATLESBURN CLOSE?

4 MEATLESBURN CLOSE is 104m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 4 MEATLESBURN CLOSE lies on this distribution: 22% of detached houses are smaller than 4 MEATLESBURN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

4 MEATLESBURN CLOSE: Plot and Title Map

4 MEATLESBURN CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 MEATLESBURN CLOSE, 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 MEATLESBURN CLOSE). 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 MEATLESBURN CLOSE?

4 MEATLESBURN CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 4 on MEATLESBURN CLOSE.