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

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 MEWS is a very large extended detached house of 200m², built sometime before 1900, which could now be worth an estimated £458,830. It was last sold for £170,000 in August 2001, which was around 96% 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	£86,914	96% above HPI
1998 4 DEC	£102,500	£74,879	37% above HPI
1995 1 SEP	£95,000	£67,275	41% 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2001 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might THE MEWS be worth now?

THE MEWS might now be worth an estimated £458,830.

This is based on house price inflation of 169.9%, between August 2001 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 169.9% inflationary increase is applied to the most recent sale price for THE MEWS of £170,000 on 3rd August 2001. For the value to have increased from £170,000 to £458,830 over the 22 years and eight months to December 2024, the following assumptions must hold true:

• The value of THE MEWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2001 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of THE MEWS has not materially changed since August 2001.

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 houses in Consett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Consett, and where THE MEWS lies on this distribution: 97% of detached houses 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 0.155 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.