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

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 PEILE PARK is a very large extended detached house of 208m², built sometime between 1983 and 1990, which could now be worth an estimated £618,215. It was last sold for £450,000 in June 2011, which was around 164% 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	£170,752	164% above HPI
2003 19 AUG	£340,000	£121,834	179% above HPI
1998 28 AUG	£152,500	£75,444	102% 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 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the June 2011 sale, where it falls to 164% above the HPI. The line then continues to track at 164% above the HPI.

What might 3 PEILE PARK be worth now?

3 PEILE PARK might now be worth an estimated £618,215.

This is based on house price inflation of 37.4%, between June 2011 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 37.4% inflationary increase is applied to the most recent sale price for 3 PEILE PARK of £450,000 on 24th June 2011. For the value to have increased from £450,000 to £618,215 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 3 PEILE PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2011 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEILE PARK has not materially changed since June 2011.

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 houses in Consett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Consett, and where 3 PEILE PARK lies on this distribution: 98% of detached houses 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.