47, ELLIOTT WAY, CONSETT, DH8 5XY - £225,000

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

47 ELLIOTT WAY is a large detached house of 125m², which could now be worth an estimated £258,671. It was last sold for £225,000 in September 2021, which was around 10% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

47 ELLIOTT WAY Sold Prices

Land registry data shows two sales for 47 ELLIOTT 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 47 ELLIOTT 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 17 SEP	£225,000	£204,046	10% above HPI
2015 20 FEB	£226,995	£158,850	43% above HPI

47 ELLIOTT 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 47 ELLIOTT WAY sales from February 2015 and September 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 February 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 47 ELLIOTT WAY be worth now?

47 ELLIOTT WAY might now be worth an estimated £258,671.

This is based on house price inflation of 15%, between September 2021 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 15% inflationary increase is applied to the most recent sale price for 47 ELLIOTT WAY of £225,000 on 17th September 2021. For the value to have increased from £225,000 to £258,671 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 47 ELLIOTT WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 47 ELLIOTT WAY has not materially changed since September 2021.

How Large is 47 ELLIOTT WAY?

47 ELLIOTT WAY is 125m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 47 ELLIOTT WAY lies on this distribution: 69% of detached houses houses are smaller than 47 ELLIOTT WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Consett.

47 ELLIOTT WAY: Plot and Title Map

47 ELLIOTT WAY sits on a plot of roughly 6.6 acres, or 26,744m². The below map shows the location of 47 ELLIOTT 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 47 ELLIOTT 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 47 ELLIOTT WAY?

47 ELLIOTT WAY is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 47 on ELLIOTT WAY.