12, GOODWOOD CLOSE, SHOTLEY BRIDGE, CONSETT, DH8 0UF - £400,000

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.

12 GOODWOOD CLOSE is a very large extended detached house of 178m², built sometime between 1991 and 1995, which could now be worth an estimated £531,613. It was last sold for £400,000 in July 2017, which was around 129% above the average July 2017 detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

12 GOODWOOD CLOSE Sold Prices

Land registry data shows four sales for 12 GOODWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 12 GOODWOOD 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
2017 14 JUL	£400,000	£174,809	129% above HPI
2014 17 NOV	£323,500	£158,113	105% above HPI
2003 31 JAN	£212,000	£106,158	100% above HPI
1996 2 AUG	£130,000	£70,542	84% above HPI

12 GOODWOOD CLOSE 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 four 12 GOODWOOD CLOSE sales between August 1996 and July 2017 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 2014 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the July 2017 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 12 GOODWOOD CLOSE be worth now?

12 GOODWOOD CLOSE might now be worth an estimated £531,613.

This is based on house price inflation of 32.9%, between July 2017 and June 2025, 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 32.9% inflationary increase is applied to the most recent sale price for 12 GOODWOOD CLOSE of £400,000 on 14th July 2017. For the value to have increased from £400,000 to £531,613 over the eight years and one month to June 2025, the following assumptions must hold true:

• The value of 12 GOODWOOD CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOODWOOD CLOSE has not materially changed since July 2017.

How Large is 12 GOODWOOD CLOSE?

12 GOODWOOD CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 12 GOODWOOD CLOSE lies on this distribution: 94% of detached houses houses are smaller than 12 GOODWOOD CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Consett.

12 GOODWOOD CLOSE: Plot and Title Map

12 GOODWOOD CLOSE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 12 GOODWOOD 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 12 GOODWOOD 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 12 GOODWOOD CLOSE?

12 GOODWOOD CLOSE is located in SHOTLEY BRIDGE, in the DH8 postcode district. The below map shows the position of No. 12 on GOODWOOD CLOSE.