9, THE MEET, NEWTON AYCLIFFE, DL5 7PQ - £222,500

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

9 THE MEET is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £222,500 in August 2021, which was around 13% above the average August 2021 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.

9 THE MEET Sold Prices

Land registry data shows four sales for 9 THE MEET 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. Two of the four 9 THE MEET sales were for above the average price, whilst one was for below 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 31 AUG	£222,500	£196,735	13% above HPI
2016 22 JAN	£160,000	£160,336	Close to HPI
2012 9 MAR	£150,000	£156,774	4% below HPI
2003 28 APR	£110,000	£109,078	1% above HPI

9 THE MEET 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 9 THE MEET sales between April 2003 and August 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 January 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 9 THE MEET?

9 THE MEET is 120m², which includes two extensions, according to the EPC inspection conducted in May 2021. 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 9 THE MEET lies on this distribution: 70% of detached houses are smaller than 9 THE MEET, and 29% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

9 THE MEET: Plot and Title Map

9 THE MEET sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 9 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 9 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 9 THE MEET?

9 THE MEET is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 9 on THE MEET.