SHOTLEY LODGE COTTAGE, SHOTLEY BRIDGE, CONSETT, DH8 0NN - £435,000

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

SHOTLEY LODGE COTTAGE is a very small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £480,461. It was last sold for £435,000 in March 2023, which was around 105% above the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

SHOTLEY LODGE COTTAGE Sold Prices

Land registry data shows two sales for SHOTLEY LODGE COTTAGE 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 SHOTLEY LODGE COTTAGE 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 29 MAR	£435,000	£212,385	105% above HPI
2009 29 MAY	£215,000	£168,676	27% above HPI

SHOTLEY LODGE COTTAGE 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 SHOTLEY LODGE COTTAGE sales from May 2009 and March 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 May 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2023 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might SHOTLEY LODGE COTTAGE be worth now?

SHOTLEY LODGE COTTAGE might now be worth an estimated £480,461.

This is based on house price inflation of 10.5%, between March 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 10.5% inflationary increase is applied to the most recent sale price for SHOTLEY LODGE COTTAGE of £435,000 on 29th March 2023. For the value to have increased from £435,000 to £480,461 over the three months to December 2024, the following assumptions must hold true:

• The value of SHOTLEY LODGE COTTAGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of SHOTLEY LODGE COTTAGE has not materially changed since March 2023.

How Large is SHOTLEY LODGE COTTAGE?

SHOTLEY LODGE COTTAGE is 84m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 SHOTLEY LODGE COTTAGE lies on this distribution: 13% of detached houses houses are smaller than SHOTLEY LODGE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Consett.

SHOTLEY LODGE COTTAGE: Plot and Title Map

SHOTLEY LODGE COTTAGE sits on a plot of roughly 0.411 of an acre, or 1,663m². The below map shows the location of SHOTLEY LODGE COTTAGE, 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 SHOTLEY LODGE COTTAGE). 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 SHOTLEY LODGE COTTAGE?

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