ANNANDALE LODGE, SWORDSMITHS LANE, SHOTLEY BRIDGE, CONSETT, DH8 0LD - £339,000

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.

ANNANDALE LODGE is a very large extended detached house of 174m², built sometime from 2007 onwards, which could now be worth an estimated £460,578. It was last sold for £339,000 in August 2020, which was around 95% above the average August 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

ANNANDALE LODGE Sold Prices

Land registry data shows two sales for ANNANDALE LODGE 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 ANNANDALE LODGE 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
2020 27 AUG	£339,000	£174,276	95% above HPI
2004 19 MAR	£180,000	£131,803	37% above HPI

ANNANDALE LODGE 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 ANNANDALE LODGE sales from March 2004 and August 2020 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2020 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might ANNANDALE LODGE be worth now?

ANNANDALE LODGE might now be worth an estimated £460,578.

This is based on house price inflation of 35.9%, between August 2020 and March 2025, 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 35.9% inflationary increase is applied to the most recent sale price for ANNANDALE LODGE of £339,000 on 27th August 2020. For the value to have increased from £339,000 to £460,578 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of ANNANDALE LODGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2020 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of ANNANDALE LODGE has not materially changed since August 2020.

How Large is ANNANDALE LODGE?

ANNANDALE LODGE is 174m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 ANNANDALE LODGE lies on this distribution: 93% of detached houses houses are smaller than ANNANDALE LODGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Consett.

ANNANDALE LODGE: Plot and Title Map

ANNANDALE LODGE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of ANNANDALE LODGE, 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 ANNANDALE LODGE). 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 ANNANDALE LODGE?

ANNANDALE LODGE is located on SWORDSMITHS LANE in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of ANNANDALE LODGE on SWORDSMITHS LANE.