42, RICHARDSON WAY, CONSETT, DH8 5YF - £225,000

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

42 RICHARDSON WAY is a midsized detached house of 104m². It was last sold for £225,000 in May 2022, which was around 12% above the average May 2022 detached price in the County Durham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

42 RICHARDSON WAY Sold Prices

Land registry data shows two sales for 42 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 42 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
2022 6 MAY	£225,000	£201,348	12% above HPI
2018 27 APR	£193,495	£164,142	18% above HPI

42 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 42 RICHARDSON WAY sales from April 2018 and May 2022 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 April 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 42 RICHARDSON WAY?

42 RICHARDSON WAY is 104m² 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 42 RICHARDSON WAY lies on this distribution: 40% of detached houses are smaller than 42 RICHARDSON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Consett.

42 RICHARDSON WAY: Plot and Title Map

42 RICHARDSON WAY sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 42 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 42 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 42 RICHARDSON WAY?

42 RICHARDSON WAY is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 42 on RICHARDSON WAY.