42, THE MALTINGS, WINGATE, TS28 5PH - £140,000

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

42 THE MALTINGS is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £140,000 in October 2014, which was around 11% below the average October 2014 detached price in the County Durham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

42 THE MALTINGS Sold Prices

Land registry data shows two sales for 42 THE MALTINGS 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 42 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
2014 24 OCT	£140,000	£156,758	11% below HPI
1997 10 SEP	£68,450	£72,093	5% below HPI

42 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 two 42 THE MALTINGS sales from September 1997 and October 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 September 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 THE MALTINGS?

42 THE MALTINGS is 89m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where 42 THE MALTINGS lies on this distribution: 26% of detached houses are smaller than 42 THE MALTINGS, and 73% of houses are larger. Note that EPC data is not available for all properties in Wingate.

42 THE MALTINGS: Plot and Title Map

42 THE MALTINGS sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 42 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 42 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 42 THE MALTINGS?

42 THE MALTINGS is located in WINGATE, in the TS28 postcode district. The below map shows the position of No. 42 on THE MALTINGS.