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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 ROMANY DRIVE is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £181,849. It was last sold for £122,000 in May 2014, which was around 23% 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	£158,851	23% below HPI
2005 8 SEP	£146,000	£178,658	18% below HPI
1998 18 DEC	£66,000	£74,879	12% below HPI
1997 14 NOV	£61,500	£72,143	15% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 58 ROMANY DRIVE be worth now?

58 ROMANY DRIVE might now be worth an estimated £181,849.

This is based on house price inflation of 49.1%, between May 2014 and March 2025, 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 49.1% inflationary increase is applied to the most recent sale price for 58 ROMANY DRIVE of £122,000 on 1st May 2014. For the value to have increased from £122,000 to £181,849 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 58 ROMANY DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2014 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 58 ROMANY DRIVE has not materially changed since May 2014.

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 houses in Consett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Consett, and where 58 ROMANY DRIVE lies on this distribution: 5% of detached houses 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.