TWO HOOTS, ASHBY LANE, CONSETT, DH8 0LX - £125,000

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

TWO HOOTS is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £176,045. It was last sold for £125,000 in April 2011, which was around 25% below the average April 2011 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

TWO HOOTS Sold Prices

Land registry data shows two sales for TWO HOOTS 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 TWO HOOTS 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
2011 21 APR	£125,000	£166,563	25% below HPI
2002 19 SEP	£90,000	£99,118	9% below HPI

TWO HOOTS 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 TWO HOOTS sales from September 2002 and April 2011 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 September 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might TWO HOOTS be worth now?

TWO HOOTS might now be worth an estimated £176,045.

This is based on house price inflation of 40.8%, between April 2011 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 40.8% inflationary increase is applied to the most recent sale price for TWO HOOTS of £125,000 on 21st April 2011. For the value to have increased from £125,000 to £176,045 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of TWO HOOTS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2011 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of TWO HOOTS has not materially changed since April 2011.

How Large is TWO HOOTS?

TWO HOOTS is 58m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 TWO HOOTS lies on this distribution: 1% of detached houses houses are smaller than TWO HOOTS, and 99% of houses are larger. Note that EPC data is not available for all properties in Consett.

TWO HOOTS: Plot and Title Map

TWO HOOTS sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of TWO HOOTS, 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 TWO HOOTS). 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 TWO HOOTS?

TWO HOOTS is located on ASHBY LANE in CONSETT, in the DH8 postcode district. The below map shows the position of TWO HOOTS on ASHBY LANE.