6, PEILE PARK, SHOTLEY BRIDGE, CONSETT, DH8 0SL - £420,000

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

6 PEILE PARK is a very large extended detached house of 201m², built sometime between 1976 and 1982, which could now be worth an estimated £583,919. It was last sold for £420,000 in April 2018, which was around 149% above the average April 2018 detached price in the County Durham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

6 PEILE PARK Sold Prices

Land registry data shows two sales for 6 PEILE PARK 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 6 PEILE PARK 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
2018 13 APR	£420,000	£168,729	149% above HPI
2003 27 JUN	£250,000	£115,811	116% above HPI

6 PEILE PARK 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 6 PEILE PARK sales from June 2003 and April 2018 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 June 2003 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the April 2018 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 6 PEILE PARK be worth now?

6 PEILE PARK might now be worth an estimated £583,919.

This is based on house price inflation of 39%, between April 2018 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 39% inflationary increase is applied to the most recent sale price for 6 PEILE PARK of £420,000 on 13th April 2018. For the value to have increased from £420,000 to £583,919 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 6 PEILE PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PEILE PARK has not materially changed since April 2018.

How Large is 6 PEILE PARK?

6 PEILE PARK is 201m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 6 PEILE PARK lies on this distribution: 97% of detached houses houses are smaller than 6 PEILE PARK, and 3% of houses are larger. Note that EPC data is not available for all properties in Consett.

6 PEILE PARK: Plot and Title Map

6 PEILE PARK sits on a plot of roughly 6.0 acres, or 24,095m². The below map shows the location of 6 PEILE PARK, 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 6 PEILE PARK). 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 6 PEILE PARK?

6 PEILE PARK is located in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of No. 6 on PEILE PARK.