1, THE GARTH, MEDOMSLEY, CONSETT, DH8 6TR - £478,000

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

1 THE GARTH is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £478,000 in August 2023, which was around 130% above the average August 2023 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 C.

1 THE GARTH Sold Prices

Land registry data shows two sales for 1 THE GARTH 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. Both of the two 1 THE GARTH 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 18 AUG	£478,000	£208,247	130% above HPI
2010 5 JAN	£370,000	£171,139	116% above HPI

1 THE GARTH 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 1 THE GARTH sales from January 2010 and August 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 January 2010 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the August 2023 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is 1 THE GARTH?

1 THE GARTH is 173m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Medomsley, based on EPC data. The below chart shows the distribution of detached houses by size in Medomsley, and where 1 THE GARTH lies on this distribution: 89% of detached houses are smaller than 1 THE GARTH, and 11% of houses are larger. Note that EPC data is not available for all properties in Medomsley.

1 THE GARTH: Plot and Title Map

1 THE GARTH sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of 1 THE GARTH, 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 THE GARTH). 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 THE GARTH?

1 THE GARTH is located in MEDOMSLEY, in the DH8 postcode district. The below map shows the position of No. 1 on THE GARTH.