REDVERS, SOUTH VIEW, HEIGHINGTON VILLAGE, NEWTON AYCLIFFE, DL5 6RD - £406,000

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

REDVERS is a very large extended detached house of 224m², built sometime between 1950 and 1966. It was last sold for £406,000 in June 2023, which was around 55% above the average June 2023 detached price in the Darlington local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was E.

REDVERS Sold Prices

Land registry data shows two sales for REDVERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. Both of the two REDVERS 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
2023 30 JUN	£406,000	£262,169	55% above HPI
2000 17 APR	£210,000	£87,331	140% above HPI

REDVERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two REDVERS sales from April 2000 and June 2023 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 April 2000 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the June 2023 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is REDVERS?

REDVERS is 224m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where REDVERS lies on this distribution: 98% of detached houses are smaller than REDVERS, and 2% of houses are larger. Note that EPC data is not available for all properties in Heighington.

REDVERS: Plot and Title Map

REDVERS sits on a plot of roughly 0.403 of an acre, or 1,631m². The below map shows the location of REDVERS, 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 REDVERS). 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 REDVERS?

REDVERS is located on SOUTH VIEW in HEIGHINGTON VILLAGE, in the DL5 postcode district. The below map shows the position of REDVERS on SOUTH VIEW.