2, ROMANY DRIVE, CONSETT, DH8 5XL - £148,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ROMANY DRIVE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £148,000 in July 2017, which was around 13% below the average July 2017 detached price in the County Durham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

2 ROMANY DRIVE Sold Prices

Land registry data shows three sales for 2 ROMANY DRIVE 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 2 ROMANY 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
2017 21 JUL	£148,000	£170,057	13% below HPI
2010 2 SEP	£133,000	£174,900	24% below HPI
1996 11 JUL	£58,000	£68,709	16% below HPI

2 ROMANY 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 three 2 ROMANY DRIVE sales between July 1996 and July 2017 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 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 ROMANY DRIVE?

2 ROMANY DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in December 2016. 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 ROMANY DRIVE lies on this distribution: 25% of detached houses are smaller than 2 ROMANY DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Consett.

2 ROMANY DRIVE: Plot and Title Map

2 ROMANY DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 2 ROMANY 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 ROMANY 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 ROMANY DRIVE?

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