27, GRASSHOLME CLOSE, CONSETT, DH8 7UL - £155,000

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.

27 GRASSHOLME CLOSE is a large extended detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £235,811. It was last sold for £155,000 in February 2014, which was about the average February 2014 detached price in the County Durham local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

27 GRASSHOLME CLOSE Sold Prices

Land registry data shows two sales for 27 GRASSHOLME 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 27 GRASSHOLME CLOSE sales was roughly equal to the average price, whilst the other was 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 14 FEB	£155,000	£155,232	Close to HPI
2003 5 DEC	£131,500	£128,686	2% above HPI

27 GRASSHOLME 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 27 GRASSHOLME CLOSE sales from December 2003 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 December 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 27 GRASSHOLME CLOSE be worth now?

27 GRASSHOLME CLOSE might now be worth an estimated £235,811.

This is based on house price inflation of 52.1%, between February 2014 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 52.1% inflationary increase is applied to the most recent sale price for 27 GRASSHOLME CLOSE of £155,000 on 14th February 2014. For the value to have increased from £155,000 to £235,811 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 27 GRASSHOLME CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2014 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GRASSHOLME CLOSE has not materially changed since February 2014.

How Large is 27 GRASSHOLME CLOSE?

27 GRASSHOLME CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 30% 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 27 GRASSHOLME CLOSE lies on this distribution: 71% of detached houses houses are smaller than 27 GRASSHOLME CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Consett.

27 GRASSHOLME CLOSE: Plot and Title Map

27 GRASSHOLME CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 27 GRASSHOLME 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 27 GRASSHOLME 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 27 GRASSHOLME CLOSE?

27 GRASSHOLME CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 27 on GRASSHOLME CLOSE.