3, QUEENSWAY, CONSETT, DH8 0RU - £195,000

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 QUEENSWAY is a very large detached house of 153m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2014, which was around 26% above the average May 2014 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

3 QUEENSWAY Sold Prices

Land registry data shows two sales for 3 QUEENSWAY 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 3 QUEENSWAY sales was for above the average price, whilst the other was 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
2014 13 MAY	£195,000	£154,532	26% above HPI
1999 13 AUG	£55,000	£77,237	29% below HPI

3 QUEENSWAY 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 QUEENSWAY sales from August 1999 and May 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 August 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2014 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 QUEENSWAY?

3 QUEENSWAY is 153m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% 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 QUEENSWAY lies on this distribution: 88% of detached houses are smaller than 3 QUEENSWAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Consett.

3 QUEENSWAY: Plot and Title Map

3 QUEENSWAY sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 3 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

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