7, GILL VIEW, CONSETT, DH8 8ER - £115,000

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

7 GILL VIEW is a midsized extended detached house of 108m², built sometime between 1900 and 1929, which could now be worth an estimated £162,104. It was last sold for £115,000 in February 2019, which was around 31% below the average February 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

7 GILL VIEW Sold Prices

Land registry data shows two sales for 7 GILL VIEW 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 7 GILL VIEW 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
2019 28 FEB	£115,000	£166,417	31% below HPI
2018 27 APR	£140,000	£168,729	17% below HPI

7 GILL VIEW 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 7 GILL VIEW sales from April 2018 and February 2019 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 April 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 GILL VIEW be worth now?

7 GILL VIEW might now be worth an estimated £162,104.

This is based on house price inflation of 41%, between February 2019 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 41% inflationary increase is applied to the most recent sale price for 7 GILL VIEW of £115,000 on 28th February 2019. For the value to have increased from £115,000 to £162,104 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 7 GILL VIEW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2019 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GILL VIEW has not materially changed since February 2019.

How Large is 7 GILL VIEW?

7 GILL VIEW is 108m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 7 GILL VIEW lies on this distribution: 46% of detached houses houses are smaller than 7 GILL VIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Consett.

7 GILL VIEW: Plot and Title Map

7 GILL VIEW sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 GILL VIEW, 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 7 GILL VIEW). 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 7 GILL VIEW?

7 GILL VIEW is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 7 on GILL VIEW.