88, ARKLESS GROVE, THE GROVE, CONSETT, DH8 8AB - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

88 ARKLESS GROVE is a very small extended detached house of 80m², built sometime from 2007 onwards. It was last sold for £130,000 in December 2022, which was around 40% below the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

88 ARKLESS GROVE Sold Prices

Land registry data shows six sales for 88 ARKLESS GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six 88 ARKLESS GROVE 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
2022 16 DEC	£130,000	£216,994	40% below HPI
2022 3 MAR	£115,000	£197,355	42% below HPI
2021 16 JUL	£115,000	£195,760	41% below HPI
2016 17 NOV	£119,860	£163,106	27% below HPI
2013 20 DEC	£121,600	£155,685	22% below HPI
2011 31 OCT	£127,500	£164,422	22% below HPI

88 ARKLESS GROVE 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 six 88 ARKLESS GROVE sales between October 2011 and December 2022 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 March 2022 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 88 ARKLESS GROVE?

88 ARKLESS GROVE is 80m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 88 ARKLESS GROVE lies on this distribution: 10% of detached houses are smaller than 88 ARKLESS GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Consett.

88 ARKLESS GROVE: Plot and Title Map

88 ARKLESS GROVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 88 ARKLESS GROVE, 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 88 ARKLESS GROVE). 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 88 ARKLESS GROVE?

88 ARKLESS GROVE is located in THE GROVE, in the DH8 postcode district. The below map shows the position of No. 88 on ARKLESS GROVE.