7, OAKLEA MEWS, AYCLIFFE, NEWTON AYCLIFFE, DL5 6JP - £142,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OAKLEA MEWS is a very small semi-detached house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £162,596. It was last sold for £142,000 in September 2021, which was around 19% above the average September 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

7 OAKLEA MEWS Sold Prices

Land registry data shows three sales for 7 OAKLEA MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Two of the three 7 OAKLEA MEWS sales were for above the average price, whilst one was 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
2021 24 SEP	£142,000	£118,913	19% above HPI
2019 11 JAN	£95,000	£96,931	2% below HPI
2000 14 JAN	£50,950	£42,925	19% above HPI

7 OAKLEA MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 7 OAKLEA MEWS sales between January 2000 and September 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 January 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 7 OAKLEA MEWS be worth now?

7 OAKLEA MEWS might now be worth an estimated £162,596.

This is based on house price inflation of 14.5%, between September 2021 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% inflationary increase is applied to the most recent sale price for 7 OAKLEA MEWS of £142,000 on 24th September 2021. For the value to have increased from £142,000 to £162,596 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 OAKLEA MEWS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2021 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAKLEA MEWS has not materially changed since September 2021.

How Large is 7 OAKLEA MEWS?

7 OAKLEA MEWS is 71m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Aycliffe, and where 7 OAKLEA MEWS lies on this distribution: 9% of semi-detached houses houses are smaller than 7 OAKLEA MEWS, and 91% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

7 OAKLEA MEWS: Plot and Title Map

7 OAKLEA MEWS sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 7 OAKLEA MEWS, 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 OAKLEA MEWS). 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 7 OAKLEA MEWS?

7 OAKLEA MEWS is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on OAKLEA MEWS.