34, MALVERN WAY, NEWTON AYCLIFFE, DL5 7PR - £110,000

34 MALVERN WAY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £110,000 in August 2018, which was around 35% below the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

34 MALVERN WAY Sold Prices

Land registry data shows three sales for 34 MALVERN WAY 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 34 MALVERN WAY 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
2018 7 AUG	£110,000	£169,680	35% below HPI
2003 28 FEB	£74,950	£104,124	28% below HPI
1998 18 DEC	£45,250	£72,843	38% below HPI

34 MALVERN WAY 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 34 MALVERN WAY sales between December 1998 and August 2018 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 February 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 34 MALVERN WAY?

34 MALVERN WAY is 71m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 34 MALVERN WAY lies on this distribution: 9% of detached houses are smaller than 34 MALVERN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

34 MALVERN WAY: Plot and Title Map

34 MALVERN WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 34 MALVERN WAY, 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 34 MALVERN WAY). 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 34 MALVERN WAY?

34 MALVERN WAY is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 34 on MALVERN WAY.