10, PEILE PARK, SHOTLEY BRIDGE, CONSETT, DH8 0SL - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 PEILE PARK is a very large extended detached house of 173m², built sometime between 1983 and 1990, which could now be worth an estimated £621,864. It was last sold for £450,000 in May 2018, which was around 165% above the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

10 PEILE PARK Sold Prices

Land registry data shows two sales for 10 PEILE PARK 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 10 PEILE PARK 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
2018 29 MAY	£450,000	£169,750	165% above HPI
2007 26 JUN	£365,000	£188,874	93% above HPI

10 PEILE PARK 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 10 PEILE PARK sales from June 2007 and May 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 June 2007 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the May 2018 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

What might 10 PEILE PARK be worth now?

10 PEILE PARK might now be worth an estimated £621,864.

This is based on house price inflation of 38.2%, between May 2018 and December 2024, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 10 PEILE PARK of £450,000 on 29th May 2018. For the value to have increased from £450,000 to £621,864 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 10 PEILE PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PEILE PARK has not materially changed since May 2018.

How Large is 10 PEILE PARK?

10 PEILE PARK is 173m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses houses in Consett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Consett, and where 10 PEILE PARK lies on this distribution: 93% of detached houses houses are smaller than 10 PEILE PARK, and 7% of houses are larger. Note that EPC data is not available for all properties in Consett.

10 PEILE PARK: Plot and Title Map

10 PEILE PARK sits on a plot of roughly 6.0 acres, or 24,095m². The below map shows the location of 10 PEILE PARK, 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 10 PEILE PARK). 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 10 PEILE PARK?

10 PEILE PARK is located in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of No. 10 on PEILE PARK.