8, MUIRFIELD CLOSE, CONSETT, DH8 5XE - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MUIRFIELD CLOSE is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2021, which was around 27% above the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

8 MUIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 MUIRFIELD CLOSE 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 8 MUIRFIELD CLOSE 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 25 AUG	£250,000	£196,735	27% above HPI
1997 25 JUL	£85,995	£71,923	20% above HPI

8 MUIRFIELD CLOSE 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 8 MUIRFIELD CLOSE sales from July 1997 and August 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 July 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 8 MUIRFIELD CLOSE?

8 MUIRFIELD CLOSE is 91m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 8 MUIRFIELD CLOSE lies on this distribution: 24% of detached houses are smaller than 8 MUIRFIELD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Consett.

8 MUIRFIELD CLOSE: Plot and Title Map

8 MUIRFIELD CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 MUIRFIELD CLOSE, 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 8 MUIRFIELD CLOSE). 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 8 MUIRFIELD CLOSE?

8 MUIRFIELD CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 8 on MUIRFIELD CLOSE.