34, RICHARDSON WAY, CONSETT, DH8 5YF - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 RICHARDSON WAY is a midsized detached house of 107m². It was last sold for £230,000 in March 2021, which was around 24% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

34 RICHARDSON WAY Sold Prices

Land registry data shows two sales for 34 RICHARDSON WAY 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 34 RICHARDSON WAY 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
2021 26 MAR	£230,000	£186,145	24% above HPI
2018 29 MAR	£209,495	£161,955	29% above HPI

34 RICHARDSON WAY 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 34 RICHARDSON WAY sales from March 2018 and March 2021 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 March 2018 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 34 RICHARDSON WAY?

34 RICHARDSON WAY is 107m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 34 RICHARDSON WAY lies on this distribution: 45% of detached houses are smaller than 34 RICHARDSON WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Consett.

34 RICHARDSON WAY: Plot and Title Map

34 RICHARDSON WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 34 RICHARDSON WAY, 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 34 RICHARDSON WAY). 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 34 RICHARDSON WAY?

34 RICHARDSON WAY is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 34 on RICHARDSON WAY.