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

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

FARRIERS LODGE is a very large extended detached house of 153m², built sometime before 1900. It was last sold for £440,000 in July 2017, which was around 159% 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	£170,057	159% above HPI
2007 5 APR	£385,000	£181,537	112% above HPI
2002 4 OCT	£330,000	£98,064	237% above HPI
2000 18 NOV	£190,000	£79,895	138% 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 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the July 2017 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

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 in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where FARRIERS LODGE lies on this distribution: 88% of detached 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.