8, VALLEY VIEW, KNITSLEY, CONSETT, DH8 9EP - £170,000

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.

8 VALLEY VIEW is a small semi-detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £231,401. It was last sold for £170,000 in October 2019, which was around 68% above the average October 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

8 VALLEY VIEW Sold Prices

Land registry data shows four sales for 8 VALLEY VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 8 VALLEY VIEW 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
2019 2 OCT	£170,000	£101,401	68% above HPI
2013 15 MAY	£125,000	£92,831	35% above HPI
2006 31 JAN	£155,000	£105,946	46% above HPI
2004 29 APR	£153,000	£75,864	102% above HPI

8 VALLEY VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 8 VALLEY VIEW sales between April 2004 and October 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 May 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2019 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 8 VALLEY VIEW be worth now?

8 VALLEY VIEW might now be worth an estimated £231,401.

This is based on house price inflation of 36.1%, between October 2019 and March 2025, for semi-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 36.1% inflationary increase is applied to the most recent sale price for 8 VALLEY VIEW of £170,000 on 2nd October 2019. For the value to have increased from £170,000 to £231,401 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 VALLEY VIEW has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VALLEY VIEW has not materially changed since October 2019.

How Large is 8 VALLEY VIEW?

8 VALLEY VIEW is 95m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of semi-detached houses houses in Consett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Consett, and where 8 VALLEY VIEW lies on this distribution: 30% of semi-detached houses houses are smaller than 8 VALLEY VIEW, and 70% of houses are larger. Note that EPC data is not available for all properties in Consett.

8 VALLEY VIEW: Plot and Title Map

8 VALLEY VIEW sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 8 VALLEY 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 8 VALLEY 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 8 VALLEY VIEW?

8 VALLEY VIEW is located in KNITSLEY, in the DH8 postcode district. The below map shows the position of No. 8 on VALLEY VIEW.