15, OVINGTON CLOSE, TEMPLETOWN, CONSETT, DH8 7NY - £195,000

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.

15 OVINGTON CLOSE is a very large detached house of 203m², built sometime between 2003 and 2006, which could now be worth an estimated £261,966. It was last sold for £195,000 in June 2019, which was around 11% above the average June 2019 detached price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

15 OVINGTON CLOSE Sold Prices

Land registry data shows two sales for 15 OVINGTON CLOSE 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 15 OVINGTON CLOSE 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
2019 7 JUN	£195,000	£175,794	11% above HPI
2005 2 SEP	£175,703	£178,658	2% below HPI

15 OVINGTON CLOSE 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 15 OVINGTON CLOSE sales from September 2005 and June 2019 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 September 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 15 OVINGTON CLOSE be worth now?

15 OVINGTON CLOSE might now be worth an estimated £261,966.

This is based on house price inflation of 34.3%, between June 2019 and February 2025, 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 34.3% inflationary increase is applied to the most recent sale price for 15 OVINGTON CLOSE of £195,000 on 7th June 2019. For the value to have increased from £195,000 to £261,966 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 15 OVINGTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OVINGTON CLOSE has not materially changed since June 2019.

How Large is 15 OVINGTON CLOSE?

15 OVINGTON CLOSE is 203m² according to the EPC inspection conducted in February 2019. 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 15 OVINGTON CLOSE lies on this distribution: 97% of detached houses houses are smaller than 15 OVINGTON CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Consett.

15 OVINGTON CLOSE: Plot and Title Map

15 OVINGTON CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 15 OVINGTON CLOSE, 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 15 OVINGTON CLOSE). 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 15 OVINGTON CLOSE?

15 OVINGTON CLOSE is located in TEMPLETOWN, in the DH8 postcode district. The below map shows the position of No. 15 on OVINGTON CLOSE.