41, THE MALTINGS, WINGATE, TS28 5PH - £83,500

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

41 THE MALTINGS is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £83,500 in May 2002, which was around 7% below the average May 2002 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

41 THE MALTINGS Sold Prices

Land registry data shows four sales for 41 THE MALTINGS 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 THE MALTINGS 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
2002 10 MAY	£83,500	£89,614	7% below HPI
2001 16 FEB	£76,000	£79,728	5% below HPI
1999 16 APR	£72,000	£71,106	1% above HPI
1997 7 MAY	£43,222	£68,205	37% below HPI

41 THE MALTINGS 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 THE MALTINGS sales between May 1997 and May 2002 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 February 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2002 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 41 THE MALTINGS?

41 THE MALTINGS is 94m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where 41 THE MALTINGS lies on this distribution: 32% of detached houses are smaller than 41 THE MALTINGS, and 68% of houses are larger. Note that EPC data is not available for all properties in Wingate.

41 THE MALTINGS: Plot and Title Map

41 THE MALTINGS sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 41 THE MALTINGS, 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 THE MALTINGS). 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 THE MALTINGS?

41 THE MALTINGS is located in WINGATE, in the TS28 postcode district. The below map shows the position of No. 41 on THE MALTINGS.