59, ALVERTON DRIVE, NEWTON AYCLIFFE, DL5 7PP - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

59 ALVERTON DRIVE is a large extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £295,000 in October 2022, which was around 36% above the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

59 ALVERTON DRIVE Sold Prices

Land registry data shows two sales for 59 ALVERTON DRIVE 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 59 ALVERTON DRIVE 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 31 OCT	£295,000	£216,216	36% above HPI
2021 31 AUG	£229,950	£196,735	17% above HPI

59 ALVERTON DRIVE 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 59 ALVERTON DRIVE sales from August 2021 and October 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 August 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 59 ALVERTON DRIVE?

59 ALVERTON DRIVE is 120m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 59 ALVERTON DRIVE lies on this distribution: 70% of detached houses are smaller than 59 ALVERTON DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

59 ALVERTON DRIVE: Plot and Title Map

59 ALVERTON DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 59 ALVERTON 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 59 ALVERTON 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.

Where is 59 ALVERTON DRIVE?

59 ALVERTON DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 59 on ALVERTON DRIVE.