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
7 LOWTHER DRIVE is a very large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2019, which was around 61% above the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 7 LOWTHER DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 7 LOWTHER 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 |
---|---|---|---|
2019 19 AUG | £275,000 | £170,402 | 61% above HPI |
2016 17 NOV | £255,000 | £163,106 | 56% above HPI |
2014 22 APR | £243,000 | £149,605 | 62% above HPI |
2013 21 JAN | £191,000 | £158,801 | 20% above HPI |
1997 27 MAR | £115,000 | £66,847 | 72% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five 7 LOWTHER DRIVE sales between March 1997 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 November 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2019 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.
7 LOWTHER DRIVE is 160m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% 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 7 LOWTHER DRIVE lies on this distribution: 94% of detached houses are smaller than 7 LOWTHER DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
7 LOWTHER DRIVE sits on a plot of roughly 0.170 of an acre, or 690m². The below map shows the location of 7 LOWTHER 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 7 LOWTHER 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.
7 LOWTHER DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on LOWTHER DRIVE.