2, MULGRAVE COURT, NEWTON AYCLIFFE, DL5 4TY - £230,000

2 MULGRAVE COURT is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £230,000 in March 2022, which was around 14% above the average March 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 MULGRAVE COURT Sold Prices

Land registry data shows two sales for 2 MULGRAVE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 2 MULGRAVE COURT sales was for above the average price, whilst the other 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
2022 4 MAR	£230,000	£202,593	14% above HPI
2019 21 JUN	£165,000	£171,015	4% below HPI

2 MULGRAVE COURT 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 two 2 MULGRAVE COURT sales from June 2019 and March 2022 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 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 MULGRAVE COURT?

2 MULGRAVE COURT is 80m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 2 MULGRAVE COURT lies on this distribution: 17% of detached houses are smaller than 2 MULGRAVE COURT, and 81% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 MULGRAVE COURT: Plot and Title Map

2 MULGRAVE COURT sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 2 MULGRAVE COURT, 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 2 MULGRAVE COURT). 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 2 MULGRAVE COURT?

2 MULGRAVE COURT is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 2 on MULGRAVE COURT.