Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 WOLVESTON CLOSE is a very large detached house of 155m², built sometime between 1991 and 1995. It was last sold for £247,000 in November 2017, which was around 46% above the average November 2017 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 8 WOLVESTON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 8 WOLVESTON CLOSE 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 |
---|---|---|---|
2017 3 NOV | £247,000 | £169,384 | 46% above HPI |
2006 8 DEC | £247,000 | £183,161 | 35% above HPI |
1995 26 MAY | £104,995 | £64,964 | 62% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 8 WOLVESTON CLOSE sales between May 1995 and November 2017 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 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
8 WOLVESTON CLOSE is 155m² according to the EPC inspection conducted in July 2015. 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 WOLVESTON CLOSE lies on this distribution: 92% of detached houses are smaller than 8 WOLVESTON CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
8 WOLVESTON CLOSE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 8 WOLVESTON CLOSE, 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 WOLVESTON CLOSE). 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.
8 WOLVESTON CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 8 on WOLVESTON CLOSE.