50, WESTMORLAND WAY, NEWTON AYCLIFFE, DL5 4LP - £160,000

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

50 WESTMORLAND WAY is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £160,000 in August 2019, which was around 6% below the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

50 WESTMORLAND WAY Sold Prices

Land registry data shows two sales for 50 WESTMORLAND 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. Both of the two 50 WESTMORLAND WAY 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
2019 2 AUG	£160,000	£170,402	6% below HPI
1998 1 MAY	£58,000	£71,194	19% below HPI

50 WESTMORLAND 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 50 WESTMORLAND WAY sales from May 1998 and August 2019 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 May 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 50 WESTMORLAND WAY?

50 WESTMORLAND WAY is 130m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 50 WESTMORLAND WAY lies on this distribution: 80% of detached houses are smaller than 50 WESTMORLAND WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

50 WESTMORLAND WAY: Plot and Title Map

50 WESTMORLAND WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 50 WESTMORLAND 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 50 WESTMORLAND 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 50 WESTMORLAND WAY?

50 WESTMORLAND WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 50 on WESTMORLAND WAY.