2, COTHERSTONE CLOSE, CONSETT, DH8 7UE - £179,250

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

2 COTHERSTONE CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £270,876. It was last sold for £179,250 in February 2014, which was around 15% above the average February 2014 detached price in the County Durham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

2 COTHERSTONE CLOSE Sold Prices

Land registry data shows two sales for 2 COTHERSTONE 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. Both of the two 2 COTHERSTONE CLOSE 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
2014 19 FEB	£179,250	£155,232	15% above HPI
2002 6 SEP	£103,995	£99,118	5% above HPI

2 COTHERSTONE 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 2 COTHERSTONE CLOSE sales from September 2002 and February 2014 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 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 COTHERSTONE CLOSE be worth now?

2 COTHERSTONE CLOSE might now be worth an estimated £270,876.

This is based on house price inflation of 51.1%, between February 2014 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 51.1% inflationary increase is applied to the most recent sale price for 2 COTHERSTONE CLOSE of £179,250 on 19th February 2014. For the value to have increased from £179,250 to £270,876 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 2 COTHERSTONE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2014 sale price of £179,250 represented a fair market value for the property.
• The size, condition, and specification of 2 COTHERSTONE CLOSE has not materially changed since February 2014.

How Large is 2 COTHERSTONE CLOSE?

2 COTHERSTONE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 2 COTHERSTONE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 2 COTHERSTONE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Consett.

2 COTHERSTONE CLOSE: Plot and Title Map

2 COTHERSTONE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 COTHERSTONE 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 2 COTHERSTONE 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 2 COTHERSTONE CLOSE?

2 COTHERSTONE CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 2 on COTHERSTONE CLOSE.