1, MEADOWSWEET CLOSE, CONSETT, DH8 6GE - £113,000

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 MEADOWSWEET CLOSE is a small terraced house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £150,201. It was last sold for £113,000 in September 2018, which was around 36% above the average September 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 MEADOWSWEET CLOSE Sold Prices

Land registry data shows four sales for 1 MEADOWSWEET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the four 1 MEADOWSWEET CLOSE 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
2018 26 SEP	£113,000	£83,216	36% above HPI
2006 17 NOV	£122,000	£91,243	34% above HPI
2006 29 JUN	£135,000	£89,939	50% above HPI
2004 16 FEB	£100,000	£57,160	75% above HPI

1 MEADOWSWEET CLOSE 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 four 1 MEADOWSWEET CLOSE sales between February 2004 and September 2018 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 November 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2018 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 1 MEADOWSWEET CLOSE be worth now?

1 MEADOWSWEET CLOSE might now be worth an estimated £150,201.

This is based on house price inflation of 32.9%, between September 2018 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 32.9% inflationary increase is applied to the most recent sale price for 1 MEADOWSWEET CLOSE of £113,000 on 26th September 2018. For the value to have increased from £113,000 to £150,201 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 1 MEADOWSWEET CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2018 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOWSWEET CLOSE has not materially changed since September 2018.

How Large is 1 MEADOWSWEET CLOSE?

1 MEADOWSWEET CLOSE is 96m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 MEADOWSWEET CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 1 MEADOWSWEET CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Consett.

1 MEADOWSWEET CLOSE: Plot and Title Map

1 MEADOWSWEET CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 1 MEADOWSWEET CLOSE, 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 MEADOWSWEET CLOSE). 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 MEADOWSWEET CLOSE?

1 MEADOWSWEET CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 1 on MEADOWSWEET CLOSE.