1, WELL BANK, AYCLIFFE, NEWTON AYCLIFFE, DL5 6LP - £300,000

1 WELL BANK is a very large extended detached house of 156m², built sometime before 1900. It was last sold for £300,000 in February 2023, which was around 40% above the average February 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

1 WELL BANK Sold Prices

Land registry data shows three sales for 1 WELL BANK 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 1 WELL BANK 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 23 FEB	£300,000	£213,661	40% above HPI
2020 18 DEC	£218,000	£181,572	20% above HPI
2007 3 AUG	£243,500	£190,032	28% above HPI

1 WELL BANK 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 1 WELL BANK sales between August 2007 and February 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 December 2020 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1 WELL BANK?

1 WELL BANK is 156m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 1 WELL BANK lies on this distribution: 92% of detached houses are smaller than 1 WELL BANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

1 WELL BANK: Plot and Title Map

1 WELL BANK sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 1 WELL BANK, 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 1 WELL BANK). 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 1 WELL BANK?

1 WELL BANK is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 1 on WELL BANK.