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
7 MIDDLEHAM WAY is a large detached house of 123m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2021, which was around 22% above the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 MIDDLEHAM 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. All of the three 7 MIDDLEHAM WAY 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 |
---|---|---|---|
2021 7 JAN | £225,000 | £184,130 | 22% above HPI |
2015 8 APR | £185,000 | £156,817 | 18% above HPI |
1995 9 AUG | £73,000 | £66,430 | 10% 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 three 7 MIDDLEHAM WAY sales between August 1995 and January 2021 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 April 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
7 MIDDLEHAM WAY is 123m² according to the EPC inspection conducted in October 2014. 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 7 MIDDLEHAM WAY lies on this distribution: 74% of detached houses are smaller than 7 MIDDLEHAM WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
7 MIDDLEHAM WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 7 MIDDLEHAM 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 7 MIDDLEHAM 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.
7 MIDDLEHAM WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on MIDDLEHAM WAY.