5, NEWBY LANE, HIGH PITTINGTON, DURHAM, DH6 1AW - £450,000

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

5 NEWBY LANE is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £450,000 in December 2022, which was around 107% above the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

5 NEWBY LANE Sold Prices

Land registry data shows two sales for 5 NEWBY LANE 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 5 NEWBY LANE sales were 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
2022 21 DEC	£450,000	£216,994	107% above HPI
2004 27 FEB	£305,000	£126,417	141% above HPI

5 NEWBY LANE 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 5 NEWBY LANE sales from February 2004 and December 2022 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 2004 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the December 2022 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is 5 NEWBY LANE?

5 NEWBY LANE is 155m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in High Pittington, based on EPC data. The below chart shows the distribution of detached houses by size in High Pittington, and where 5 NEWBY LANE lies on this distribution: 88% of detached houses are smaller than 5 NEWBY LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in High Pittington.

5 NEWBY LANE: Plot and Title Map

5 NEWBY LANE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 5 NEWBY LANE, 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 5 NEWBY LANE). 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 5 NEWBY LANE?

5 NEWBY LANE is located in HIGH PITTINGTON, in the DH6 postcode district. The below map shows the position of No. 5 on NEWBY LANE.