44, THE ELMS, SHOTLEY BRIDGE, CONSETT, DH8 0UA - £387,500

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

44 THE ELMS is a very large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £387,500 in September 2022, which was around 81% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

44 THE ELMS Sold Prices

Land registry data shows three sales for 44 THE ELMS 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 44 THE ELMS 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 8 SEP	£387,500	£213,667	81% above HPI
2010 23 JUL	£295,000	£170,787	73% above HPI
2000 28 APR	£105,995	£78,436	35% above HPI

44 THE ELMS 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 44 THE ELMS sales between April 2000 and September 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 July 2010 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2022 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 44 THE ELMS?

44 THE ELMS is 141m², which includes three extensions, according to the EPC inspection conducted in January 2022. 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 44 THE ELMS lies on this distribution: 82% of detached houses are smaller than 44 THE ELMS, and 18% of houses are larger. Note that EPC data is not available for all properties in Consett.

44 THE ELMS: Plot and Title Map

44 THE ELMS sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 44 THE ELMS, 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 44 THE ELMS). 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 44 THE ELMS?

44 THE ELMS is located in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of No. 44 on THE ELMS.