2, REDMIRE DRIVE, CONSETT, DH8 7EL - £150,000

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

2 REDMIRE DRIVE is a small detached house of 90m², built sometime from 2007 onwards. It was last sold for £150,000 in April 2021, which was around 19% below the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

2 REDMIRE DRIVE Sold Prices

Land registry data shows two sales for 2 REDMIRE DRIVE 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 REDMIRE DRIVE sales were 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
2021 30 APR	£150,000	£185,588	19% below HPI
2007 1 JUN	£165,300	£183,739	10% below HPI

2 REDMIRE DRIVE 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 REDMIRE DRIVE sales from June 2007 and April 2021 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 REDMIRE DRIVE?

2 REDMIRE DRIVE is 90m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 2 REDMIRE DRIVE lies on this distribution: 23% of detached houses are smaller than 2 REDMIRE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Consett.

2 REDMIRE DRIVE: Plot and Title Map

2 REDMIRE DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 REDMIRE DRIVE, 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 REDMIRE DRIVE). 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 REDMIRE DRIVE?

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