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
57 WESTMORLAND WAY is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £222,000 in March 2024, which was around 7% above the average March 2024 detached price in the County Durham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 57 WESTMORLAND WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. The three 57 WESTMORLAND WAY sales were a mix of above the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2024 25 MAR | £222,000 | £208,141 | 7% above HPI |
2021 5 MAY | £171,000 | £187,934 | 9% below HPI |
1999 9 APR | £70,950 | £71,106 | Close to HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 57 WESTMORLAND WAY sales between April 1999 and March 2024 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 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
57 WESTMORLAND WAY is 85m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 57 WESTMORLAND WAY lies on this distribution: 24% of detached houses are smaller than 57 WESTMORLAND WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
57 WESTMORLAND WAY sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 57 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 57 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.
57 WESTMORLAND WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 57 on WESTMORLAND WAY.