LINCOLN HOUSE, FRONT STREET, CASTLESIDE, CONSETT, DH8 9AR - £385,000

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

LINCOLN HOUSE is a very large detached house of 183m², built sometime between 2003 and 2006, which could now be worth an estimated £433,481. It was last sold for £385,000 in May 2023, which was around 85% above the average May 2023 detached price in the County Durham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

LINCOLN HOUSE Sold Prices

Land registry data shows two sales for LINCOLN 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 LINCOLN 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
2023 18 MAY	£385,000	£208,345	85% above HPI
2006 12 DEC	£334,950	£188,280	78% above HPI

LINCOLN 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 LINCOLN HOUSE sales from December 2006 and May 2023 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 December 2006 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2023 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might LINCOLN HOUSE be worth now?

LINCOLN HOUSE might now be worth an estimated £433,481.

This is based on house price inflation of 12.6%, between May 2023 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 12.6% inflationary increase is applied to the most recent sale price for LINCOLN HOUSE of £385,000 on 18th May 2023. For the value to have increased from £385,000 to £433,481 over the five months to December 2024, the following assumptions must hold true:

• The value of LINCOLN HOUSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of LINCOLN HOUSE has not materially changed since May 2023.

How Large is LINCOLN HOUSE?

LINCOLN HOUSE is 183m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castleside, and where LINCOLN HOUSE lies on this distribution: 84% of detached houses houses are smaller than LINCOLN HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Castleside.

LINCOLN HOUSE: Plot and Title Map

LINCOLN HOUSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of LINCOLN 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 LINCOLN 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 LINCOLN HOUSE?

LINCOLN HOUSE is located on FRONT STREET in CASTLESIDE, in the DH8 postcode district. The below map shows the position of LINCOLN HOUSE on FRONT STREET.