123, FENWICK WAY, CONSETT, DH8 5FE - £133,000

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.

123 FENWICK WAY is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £179,597. It was last sold for £133,000 in December 2018, which was around 24% below the average December 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

123 FENWICK WAY Sold Prices

Land registry data shows three sales for 123 FENWICK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 123 FENWICK WAY sales were for below the average price, whilst one was 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 18 DEC	£133,000	£174,891	24% below HPI
2008 29 FEB	£130,000	£194,592	33% below HPI
2003 23 JUN	£143,000	£115,811	23% above HPI

123 FENWICK WAY 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 three 123 FENWICK WAY sales between June 2003 and December 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 February 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 123 FENWICK WAY be worth now?

123 FENWICK WAY might now be worth an estimated £179,597.

This is based on house price inflation of 35%, between December 2018 and February 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 35% inflationary increase is applied to the most recent sale price for 123 FENWICK WAY of £133,000 on 18th December 2018. For the value to have increased from £133,000 to £179,597 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 123 FENWICK WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2018 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 123 FENWICK WAY has not materially changed since December 2018.

How Large is 123 FENWICK WAY?

123 FENWICK WAY is 74m² according to the EPC inspection conducted in September 2009. 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 123 FENWICK WAY lies on this distribution: 5% of detached houses houses are smaller than 123 FENWICK WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Consett.

123 FENWICK WAY: Plot and Title Map

123 FENWICK WAY sits on a plot of roughly 0.416 of an acre, or 1,685m². The below map shows the location of 123 FENWICK WAY, 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 123 FENWICK WAY). 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 123 FENWICK WAY?

123 FENWICK WAY is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 123 on FENWICK WAY.