THE FERNS, ELMFIELD ROAD, CONSETT, DH8 5NN - £510,000

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

THE FERNS is a very large detached house of 243m², built sometime between 1900 and 1929, which could now be worth an estimated £588,504. It was last sold for £510,000 in December 2021, which was around 151% above the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

THE FERNS Sold Prices

Land registry data shows six sales for THE FERNS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six THE FERNS 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
2021 15 DEC	£510,000	£203,289	151% above HPI
2019 19 JUL	£420,000	£173,444	142% above HPI
2009 10 DEC	£382,500	£178,837	114% above HPI
2007 19 DEC	£380,000	£198,631	91% above HPI
2006 15 DEC	£330,000	£188,280	75% above HPI
1999 18 JAN	£100,000	£74,542	34% above HPI

THE FERNS 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 six THE FERNS sales between January 1999 and December 2021 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 2019 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the December 2021 sale, where it rises to 151% above the HPI. The line then continues to track at 151% above the HPI.

What might THE FERNS be worth now?

THE FERNS might now be worth an estimated £588,504.

This is based on house price inflation of 15.4%, between December 2021 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 15.4% inflationary increase is applied to the most recent sale price for THE FERNS of £510,000 on 15th December 2021. For the value to have increased from £510,000 to £588,504 over the three years to December 2024, the following assumptions must hold true:

• The value of THE FERNS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2021 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of THE FERNS has not materially changed since December 2021.

How Large is THE FERNS?

THE FERNS is 243m² according to the EPC inspection conducted in February 2021. This puts it in the largest 10% 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 THE FERNS lies on this distribution: 99% of detached houses houses are smaller than THE FERNS, and 1% of houses are larger. Note that EPC data is not available for all properties in Consett.

THE FERNS: Plot and Title Map

THE FERNS sits on a plot of roughly 0.537 of an acre, or 2,172m². The below map shows the location of THE FERNS, 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 FERNS). 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 FERNS?

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