18, FAIRWAYS, CONSETT, DH8 5NT - £370,000

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

18 FAIRWAYS is a very large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £370,000 in April 2024, which was around 77% above the average April 2024 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.

18 FAIRWAYS Sold Prices

Land registry data shows three sales for 18 FAIRWAYS 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 18 FAIRWAYS 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
2024 19 APR	£370,000	£209,244	77% above HPI
2005 28 OCT	£295,000	£174,016	70% above HPI
1997 10 FEB	£91,000	£67,013	36% above HPI

18 FAIRWAYS 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 18 FAIRWAYS sales between February 1997 and April 2024 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 October 2005 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2024 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 18 FAIRWAYS?

18 FAIRWAYS is 179m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 18 FAIRWAYS lies on this distribution: 94% of detached houses are smaller than 18 FAIRWAYS, and 6% of houses are larger. Note that EPC data is not available for all properties in Consett.

18 FAIRWAYS: Plot and Title Map

18 FAIRWAYS sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 18 FAIRWAYS, 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 18 FAIRWAYS). 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 18 FAIRWAYS?

18 FAIRWAYS is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 18 on FAIRWAYS.