1, DERWENT MEWS, BLACKHILL, CONSETT, DH8 8TU - £142,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 DERWENT MEWS is a very small terraced house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £149,211. It was last sold for £142,500 in September 2022, which was around 35% above the average September 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

1 DERWENT MEWS Sold Prices

Land registry data shows two sales for 1 DERWENT MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 1 DERWENT 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
2022 16 SEP	£142,500	£105,637	35% above HPI
2002 10 MAY	£61,500	£38,071	62% above HPI

1 DERWENT MEWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 1 DERWENT MEWS sales from May 2002 and September 2022 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 May 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 1 DERWENT MEWS be worth now?

1 DERWENT MEWS might now be worth an estimated £149,211.

This is based on house price inflation of 4.7%, between September 2022 and June 2025, for terraced 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 4.7% inflationary increase is applied to the most recent sale price for 1 DERWENT MEWS of £142,500 on 16th September 2022. For the value to have increased from £142,500 to £149,211 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 1 DERWENT MEWS has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2022 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DERWENT MEWS has not materially changed since September 2022.

How Large is 1 DERWENT MEWS?

1 DERWENT MEWS is 70m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Consett, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Consett, and where 1 DERWENT MEWS lies on this distribution: 3% of terraced houses houses are smaller than 1 DERWENT MEWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Consett.

1 DERWENT MEWS: Plot and Title Map

1 DERWENT MEWS sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 1 DERWENT 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 1 DERWENT 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 1 DERWENT MEWS?

1 DERWENT MEWS is located in BLACKHILL, in the DH8 postcode district. The below map shows the position of No. 1 on DERWENT MEWS.