FARRIERS LODGE, FARRIERS WAY, SHOTLEY BRIDGE, CONSETT, DH8 0NE - £440,000

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

FARRIERS LODGE is a very large extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £590,448. It was last sold for £440,000 in July 2017, which was around 152% above the average July 2017 detached price in the County Durham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

FARRIERS LODGE Sold Prices

Land registry data shows four sales for FARRIERS LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four FARRIERS 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
2017 14 JUL	£440,000	£174,809	152% above HPI
2007 5 APR	£385,000	£186,610	106% above HPI
2002 4 OCT	£330,000	£100,805	227% above HPI
2000 18 NOV	£190,000	£82,128	131% above HPI

FARRIERS 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 four FARRIERS LODGE sales between November 2000 and July 2017 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 2007 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the July 2017 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might FARRIERS LODGE be worth now?

FARRIERS LODGE might now be worth an estimated £590,448.

This is based on house price inflation of 34.2%, between July 2017 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 34.2% inflationary increase is applied to the most recent sale price for FARRIERS LODGE of £440,000 on 14th July 2017. For the value to have increased from £440,000 to £590,448 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of FARRIERS LODGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2017 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of FARRIERS LODGE has not materially changed since July 2017.

How Large is FARRIERS LODGE?

FARRIERS LODGE is 153m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% 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 FARRIERS LODGE lies on this distribution: 88% of detached houses houses are smaller than FARRIERS LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Consett.

FARRIERS LODGE: Plot and Title Map

FARRIERS LODGE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of FARRIERS 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 FARRIERS 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 FARRIERS LODGE?

FARRIERS LODGE is located on FARRIERS WAY in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of FARRIERS LODGE on FARRIERS WAY.