3, PARKSIDE, BLACKHILL, CONSETT, DH8 5XR - £290,000

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

3 PARKSIDE is a very large detached house of 202m², built sometime between 2003 and 2006, which could now be worth an estimated £346,709. It was last sold for £290,000 in June 2008, which was around 48% above the average June 2008 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

3 PARKSIDE Sold Prices

Land registry data shows two sales for 3 PARKSIDE 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 3 PARKSIDE 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
2008 6 JUN	£290,000	£196,212	48% above HPI
2003 24 OCT	£285,000	£125,731	127% above HPI

3 PARKSIDE 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 3 PARKSIDE sales from October 2003 and June 2008 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 2003 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the June 2008 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 3 PARKSIDE be worth now?

3 PARKSIDE might now be worth an estimated £346,709.

This is based on house price inflation of 19.6%, between June 2008 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 19.6% inflationary increase is applied to the most recent sale price for 3 PARKSIDE of £290,000 on 6th June 2008. For the value to have increased from £290,000 to £346,709 over the fifteen years and six months to December 2024, the following assumptions must hold true:

• The value of 3 PARKSIDE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2008 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKSIDE has not materially changed since June 2008.

How Large is 3 PARKSIDE?

3 PARKSIDE is 202m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% 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 3 PARKSIDE lies on this distribution: 97% of detached houses houses are smaller than 3 PARKSIDE, and 3% of houses are larger. Note that EPC data is not available for all properties in Consett.

3 PARKSIDE: Plot and Title Map

3 PARKSIDE sits on a plot of roughly 0.312 of an acre, or 1,263m². The below map shows the location of 3 PARKSIDE, 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 3 PARKSIDE). 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 3 PARKSIDE?

3 PARKSIDE is located in BLACKHILL, in the DH8 postcode district. The below map shows the position of No. 3 on PARKSIDE.