1, TEMPLE FORGE MEWS, CONSETT, DH8 5RZ - £82,750

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 TEMPLE FORGE MEWS is a very small terraced house of 64m², built sometime from 2007 onwards, which could now be worth an estimated £113,179. It was last sold for £82,750 in July 2019, which was around 2% above the average July 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2009, where the current energy rating was B, and the potential energy rating was B.

1 TEMPLE FORGE MEWS Sold Prices

Land registry data shows two sales for 1 TEMPLE FORGE 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 TEMPLE FORGE 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
2019 17 JUL	£82,750	£80,873	2% above HPI
2006 17 OCT	£109,950	£91,419	20% above HPI

1 TEMPLE FORGE 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 TEMPLE FORGE MEWS sales from October 2006 and July 2019 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 October 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 TEMPLE FORGE MEWS be worth now?

1 TEMPLE FORGE MEWS might now be worth an estimated £113,179.

This is based on house price inflation of 36.8%, between July 2019 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 36.8% inflationary increase is applied to the most recent sale price for 1 TEMPLE FORGE MEWS of £82,750 on 17th July 2019. For the value to have increased from £82,750 to £113,179 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 1 TEMPLE FORGE MEWS has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2019 sale price of £82,750 represented a fair market value for the property.
• The size, condition, and specification of 1 TEMPLE FORGE MEWS has not materially changed since July 2019.

How Large is 1 TEMPLE FORGE MEWS?

1 TEMPLE FORGE MEWS is 64m² according to the EPC inspection conducted in October 2009. 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 TEMPLE FORGE MEWS lies on this distribution: 2% of terraced houses houses are smaller than 1 TEMPLE FORGE MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Consett.

1 TEMPLE FORGE MEWS: Plot and Title Map

1 TEMPLE FORGE MEWS sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 TEMPLE FORGE 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 TEMPLE FORGE 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 TEMPLE FORGE MEWS?

1 TEMPLE FORGE MEWS is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 1 on TEMPLE FORGE MEWS.