THE CEDARS, DROVER ROAD, CONSETT, DH8 9RE - £71,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CEDARS is a very small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £71,500 in August 2001, which was around 15% below the average August 2001 detached price in the County Durham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

THE CEDARS Sold Prices

Land registry data shows two sales for THE CEDARS 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 THE CEDARS sales were for below 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
2001 24 AUG	£71,500	£84,551	15% below HPI
1998 2 JUL	£59,950	£72,344	17% below HPI

THE CEDARS 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 THE CEDARS sales from July 1998 and August 2001 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 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2001 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE CEDARS?

THE CEDARS is 87m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses by size in Castleside, and where THE CEDARS lies on this distribution: 9% of detached houses are smaller than THE CEDARS, and 91% of houses are larger. Note that EPC data is not available for all properties in Castleside.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on DROVER ROAD in CONSETT, in the DH8 postcode district. The below map shows the position of THE CEDARS on DROVER ROAD.