GROVE HOUSE, SHOTLEY GROVE ROAD, SHOTLEY BRIDGE, CONSETT, DH8 8SG - £510,000

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

GROVE HOUSE is a very large detached house of 491m², built sometime before 1900. It was last sold for £510,000 in April 2019, which was around 206% above the average April 2019 detached price in the County Durham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

GROVE HOUSE Sold Prices

Land registry data shows two sales for GROVE HOUSE 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 GROVE HOUSE 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 12 APR	£510,000	£166,865	206% above HPI
2010 13 JUL	£765,000	£170,787	348% above HPI

GROVE HOUSE 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 GROVE HOUSE sales from July 2010 and April 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 July 2010 sale was for 348% above the HPI. So the extrapolation line tracks at 348% above the HPI over time, until the April 2019 sale, where it falls to 206% above the HPI. The line then continues to track at 206% above the HPI.

How Large is GROVE HOUSE?

GROVE HOUSE is 491m² according to the EPC inspection conducted in August 2015. This puts it in the largest 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 GROVE HOUSE lies on this distribution: More than 99% of detached houses are smaller than GROVE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Consett.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 3.8 acres, or 15,478m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

GROVE HOUSE is located on SHOTLEY GROVE ROAD in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of GROVE HOUSE on SHOTLEY GROVE ROAD.