3, PEILE PARK, SHOTLEY BRIDGE, CONSETT, DH8 0SL - £450,000

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

3 PEILE PARK is a very large extended detached house of 208m², built sometime between 1983 and 1990. It was last sold for £450,000 in June 2011, which was around 171% above the average June 2011 detached price in the County Durham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 PEILE PARK Sold Prices

Land registry data shows three sales for 3 PEILE PARK 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 3 PEILE PARK 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
2011 24 JUN	£450,000	£166,110	171% above HPI
2003 19 AUG	£340,000	£118,522	187% above HPI
1998 28 AUG	£152,500	£73,393	108% above HPI

3 PEILE PARK 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 3 PEILE PARK sales between August 1998 and June 2011 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 August 2003 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the June 2011 sale, where it falls to 171% above the HPI. The line then continues to track at 171% above the HPI.

How Large is 3 PEILE PARK?

3 PEILE PARK is 208m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 3 PEILE PARK lies on this distribution: 98% of detached houses are smaller than 3 PEILE PARK, and 2% of houses are larger. Note that EPC data is not available for all properties in Consett.

3 PEILE PARK: Plot and Title Map

3 PEILE PARK sits on a plot of roughly 6.0 acres, or 24,095m². The below map shows the location of 3 PEILE PARK, 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 PEILE PARK). 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 PEILE PARK?

3 PEILE PARK is located in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of No. 3 on PEILE PARK.