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 RABY DRIVE is a large extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £154,000 in November 2017, which was around 9% below the average November 2017 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 RABY DRIVE since 1st 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 5 RABY DRIVE 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 |
---|---|---|---|
2017 24 NOV | £154,000 | £169,384 | 9% below HPI |
2006 10 FEB | £163,000 | £176,368 | 8% below HPI |
2002 31 OCT | £100,500 | £98,064 | 2% above HPI |
1996 19 JUL | £63,000 | £68,709 | 8% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 5 RABY DRIVE sales between July 1996 and November 2017 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
5 RABY DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 5 RABY DRIVE lies on this distribution: 62% of detached houses are smaller than 5 RABY DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
5 RABY DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 5 RABY DRIVE, 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 RABY DRIVE). 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.
5 RABY DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 5 on RABY DRIVE.