8, LOWTHER DRIVE, NEWTON AYCLIFFE, DL5 4TJ - £300,000

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 LOWTHER DRIVE is a very large detached house of 189m², built sometime between 1983 and 1990. It was last sold for £300,000 in April 2022, which was around 50% above the average April 2022 detached price in the County Durham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 LOWTHER DRIVE Sold Prices

Land registry data shows two sales for 8 LOWTHER 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. Both of the two 8 LOWTHER DRIVE 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
2022 1 APR	£300,000	£200,402	50% above HPI
1998 28 SEP	£104,000	£73,843	41% above HPI

8 LOWTHER 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 LOWTHER DRIVE sales from September 1998 and April 2022 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 September 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 8 LOWTHER DRIVE?

8 LOWTHER DRIVE is 189m² according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 LOWTHER DRIVE lies on this distribution: 97% of detached houses are smaller than 8 LOWTHER DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

8 LOWTHER DRIVE: Plot and Title Map

8 LOWTHER DRIVE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 8 LOWTHER 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 LOWTHER 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 LOWTHER DRIVE?

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