41, TEMPLE WAY, NEWTON AYCLIFFE, DL5 7QH - £186,000

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

41 TEMPLE WAY is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £186,000 in May 2021, which was around 1% below the average May 2021 detached price in the County Durham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

41 TEMPLE WAY Sold Prices

Land registry data shows four sales for 41 TEMPLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 41 TEMPLE WAY 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
2021 7 MAY	£186,000	£187,934	1% below HPI
2017 25 AUG	£158,000	£171,355	8% below HPI
2005 9 DEC	£160,000	£174,474	8% below HPI
1998 29 JAN	£74,500	£71,513	4% above HPI

41 TEMPLE WAY 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 four 41 TEMPLE WAY sales between January 1998 and May 2021 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 41 TEMPLE WAY?

41 TEMPLE WAY is 73m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 41 TEMPLE WAY lies on this distribution: 10% of detached houses are smaller than 41 TEMPLE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

41 TEMPLE WAY: Plot and Title Map

41 TEMPLE WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41 TEMPLE 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 41 TEMPLE 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.

Where is 41 TEMPLE WAY?

41 TEMPLE WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 41 on TEMPLE WAY.