THE MEWS, THE TERRACE, CONSETT, DH8 0EZ - £170,000

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 MEWS is a very large extended detached house of 200m², built sometime before 1900. It was last sold for £170,000 in August 2001, which was around 101% above the average August 2001 detached price in the County Durham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

THE MEWS Sold Prices

Land registry data shows three sales for THE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three THE MEWS 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
2001 3 AUG	£170,000	£84,551	101% above HPI
1998 4 DEC	£102,500	£72,843	41% above HPI
1995 1 SEP	£95,000	£65,446	45% above HPI

THE MEWS 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 three THE MEWS sales between September 1995 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 December 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2001 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is THE MEWS?

THE MEWS is 200m², which includes two extensions, according to the EPC inspection conducted in April 2024. 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 THE MEWS lies on this distribution: 97% of detached houses are smaller than THE MEWS, and 3% of houses are larger. Note that EPC data is not available for all properties in Consett.

THE MEWS: Plot and Title Map

THE MEWS sits on a plot of roughly 0.156 of an acre, or 629m². The below map shows the location of THE MEWS, 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 MEWS). 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 MEWS?

THE MEWS is located on THE TERRACE in CONSETT, in the DH8 postcode district. The below map shows the position of THE MEWS on THE TERRACE.