8, CHELTENHAM WAY, NEWTON AYCLIFFE, DL5 4YD - £200,000

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 CHELTENHAM WAY is a large extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £200,000 in August 2020, which was around 18% above the average August 2020 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

8 CHELTENHAM WAY Sold Prices

Land registry data shows four sales for 8 CHELTENHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 8 CHELTENHAM 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
2020 28 AUG	£200,000	£169,538	18% above HPI
2017 15 DEC	£188,000	£168,981	11% above HPI
2007 20 MAR	£277,000	£181,619	53% above HPI
1998 26 JUN	£82,995	£71,732	16% above HPI

8 CHELTENHAM WAY 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 four 8 CHELTENHAM WAY sales between June 1998 and August 2020 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 December 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 CHELTENHAM WAY?

8 CHELTENHAM WAY is 121m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 8 CHELTENHAM WAY lies on this distribution: 71% of detached houses are smaller than 8 CHELTENHAM WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

8 CHELTENHAM WAY: Plot and Title Map

8 CHELTENHAM WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 8 CHELTENHAM 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 8 CHELTENHAM 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.

Where is 8 CHELTENHAM WAY?

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