8, ALVERTON DRIVE, NEWTON AYCLIFFE, DL5 7PP - £174,000

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

8 ALVERTON DRIVE is a midsized detached house of 106m², built sometime between 1991 and 1995. It was last sold for £174,000 in June 2006, which was around 3% below the average June 2006 detached price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

8 ALVERTON DRIVE Sold Prices

Land registry data shows two sales for 8 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. One of the two 8 ALVERTON DRIVE sales was for below the average price, whilst the other was 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
2006 2 JUN	£174,000	£179,517	3% below HPI
1995 30 JUN	£71,500	£65,741	9% above HPI

8 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 8 ALVERTON DRIVE sales from June 1995 and June 2006 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 June 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2006 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 ALVERTON DRIVE?

8 ALVERTON DRIVE is 106m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% 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 8 ALVERTON DRIVE lies on this distribution: 52% of detached houses are smaller than 8 ALVERTON DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

8 ALVERTON DRIVE: Plot and Title Map

8 ALVERTON DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 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 8 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 8 ALVERTON DRIVE?

8 ALVERTON DRIVE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 8 on ALVERTON DRIVE.