18, CHERRYTREE DRIVE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6GG - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 CHERRYTREE DRIVE is a very small detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £239,886. It was last sold for £185,000 in September 2016, which was around 14% below the average September 2016 detached price in the Darlington local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

18 CHERRYTREE DRIVE Sold Prices

Land registry data shows two sales for 18 CHERRYTREE DRIVE 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 18 CHERRYTREE DRIVE 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
2016 16 SEP	£185,000	£213,873	14% below HPI
2004 18 JUN	£156,000	£183,163	15% below HPI

18 CHERRYTREE DRIVE 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 18 CHERRYTREE DRIVE sales from June 2004 and September 2016 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 June 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 CHERRYTREE DRIVE be worth now?

18 CHERRYTREE DRIVE might now be worth an estimated £239,886.

This is based on house price inflation of 29.7%, between September 2016 and June 2025, for detached houses, in the Darlington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 18 CHERRYTREE DRIVE of £185,000 on 16th September 2016. For the value to have increased from £185,000 to £239,886 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 18 CHERRYTREE DRIVE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The September 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHERRYTREE DRIVE has not materially changed since September 2016.

How Large is 18 CHERRYTREE DRIVE?

18 CHERRYTREE DRIVE is 103m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in School Aycliffe, and where 18 CHERRYTREE DRIVE lies on this distribution: 20% of detached houses houses are smaller than 18 CHERRYTREE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

18 CHERRYTREE DRIVE: Plot and Title Map

18 CHERRYTREE DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 18 CHERRYTREE DRIVE, 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 18 CHERRYTREE DRIVE). 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 18 CHERRYTREE DRIVE?

18 CHERRYTREE DRIVE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 18 on CHERRYTREE DRIVE.