NORWOOD, THE GRANGE, NEWTON AYCLIFFE, DL5 4SZ - £155,000

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

NORWOOD is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £155,000 in October 2013, which was around 2% below the average October 2013 detached price in the County Durham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

NORWOOD Sold Prices

Land registry data shows three sales for NORWOOD since 1^st 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 NORWOOD sales were 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
2013 16 OCT	£155,000	£158,490	2% below HPI
2013 10 OCT	£155,000	£158,490	2% below HPI
2001 23 NOV	£75,000	£86,862	14% below HPI

NORWOOD 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 three NORWOOD sales between November 2001 and October 2013 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 October 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, which was also at 2% below the HPI.

How Large is NORWOOD?

NORWOOD is 91m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% 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 NORWOOD lies on this distribution: 34% of detached houses are smaller than NORWOOD, and 63% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

NORWOOD: Plot and Title Map

NORWOOD sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of NORWOOD, 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 NORWOOD). 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 NORWOOD?

NORWOOD is located on THE GRANGE in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of NORWOOD on THE GRANGE.