7, THE MEET, NEWTON AYCLIFFE, DL5 7PQ - £202,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE MEET is a midsized extended semi-detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £230,658. It was last sold for £202,500 in September 2021, which was around 70% above the average September 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

7 THE MEET Sold Prices

Land registry data shows three sales for 7 THE MEET 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. All of the three 7 THE MEET 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 30 SEP	£202,500	£118,913	70% above HPI
2001 27 APR	£62,600	£43,240	45% above HPI
1998 30 OCT	£54,000	£40,605	33% above HPI

7 THE MEET 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 THE MEET sales between October 1998 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 April 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 7 THE MEET be worth now?

7 THE MEET might now be worth an estimated £230,658.

This is based on house price inflation of 13.9%, between September 2021 and December 2024, 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 13.9% inflationary increase is applied to the most recent sale price for 7 THE MEET of £202,500 on 30th September 2021. For the value to have increased from £202,500 to £230,658 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 THE MEET has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2021 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE MEET has not materially changed since September 2021.

How Large is 7 THE MEET?

7 THE MEET is 98m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 THE MEET lies on this distribution: 42% of semi-detached houses houses are smaller than 7 THE MEET, and 57% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

7 THE MEET: Plot and Title Map

7 THE MEET sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 7 THE MEET, 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 THE MEET). 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 THE MEET?

7 THE MEET is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on THE MEET.