42, CHELTENHAM WAY, NEWTON AYCLIFFE, DL5 4YD - £41,250

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

42 CHELTENHAM WAY is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £41,250 in August 2004, which was around 73% below the average August 2004 detached price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

42 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 42 CHELTENHAM WAY 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. One of the two 42 CHELTENHAM WAY sales was for below the average price, whilst the other was 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
2004 2 AUG	£41,250	£151,670	73% below HPI
1999 11 JUN	£75,500	£73,392	3% above HPI

42 CHELTENHAM 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 two 42 CHELTENHAM WAY sales from June 1999 and August 2004 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 June 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2004 sale, where it falls to 73% below the HPI. The line then continues to track at 73% below the HPI.

How Large is 42 CHELTENHAM WAY?

42 CHELTENHAM WAY is 74m² according to the EPC inspection conducted in May 2014. 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 42 CHELTENHAM WAY lies on this distribution: 11% of detached houses are smaller than 42 CHELTENHAM WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

42 CHELTENHAM WAY: Plot and Title Map

42 CHELTENHAM WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 42 CHELTENHAM 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 42 CHELTENHAM 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 42 CHELTENHAM WAY?

42 CHELTENHAM WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 42 on CHELTENHAM WAY.