58, ROMANY DRIVE, CONSETT, DH8 5XL - £122,000

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

58 ROMANY DRIVE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £122,000 in May 2014, which was around 21% below the average May 2014 detached price in the County Durham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

58 ROMANY DRIVE Sold Prices

Land registry data shows four sales for 58 ROMANY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 58 ROMANY DRIVE sales were 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 1 MAY	£122,000	£154,532	21% below HPI
2005 8 SEP	£146,000	£173,801	16% below HPI
1998 18 DEC	£66,000	£72,843	9% below HPI
1997 14 NOV	£61,500	£70,182	12% below HPI

58 ROMANY DRIVE 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 four 58 ROMANY DRIVE sales between November 1997 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 September 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 58 ROMANY DRIVE?

58 ROMANY DRIVE is 74m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 58 ROMANY DRIVE lies on this distribution: 5% of detached houses are smaller than 58 ROMANY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Consett.

58 ROMANY DRIVE: Plot and Title Map

58 ROMANY DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 58 ROMANY DRIVE, 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 58 ROMANY DRIVE). 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 58 ROMANY DRIVE?

58 ROMANY DRIVE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 58 on ROMANY DRIVE.