13, THE PROMENADE, CONSETT, DH8 5NJ - £100,000

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.

13 THE PROMENADE is a small semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £147,038. It was last sold for £100,000 in April 2015, which was around 8% above the average April 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

13 THE PROMENADE Sold Prices

Land registry data shows two sales for 13 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 13 THE PROMENADE 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
2015 14 APR	£100,000	£92,602	8% above HPI
1996 12 JAN	£41,000	£37,680	9% above HPI

13 THE PROMENADE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 13 THE PROMENADE sales from January 1996 and April 2015 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 January 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 13 THE PROMENADE be worth now?

13 THE PROMENADE might now be worth an estimated £147,038.

This is based on house price inflation of 47%, between April 2015 and February 2025, for semi-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 47% inflationary increase is applied to the most recent sale price for 13 THE PROMENADE of £100,000 on 14th April 2015. For the value to have increased from £100,000 to £147,038 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 13 THE PROMENADE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2015 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 13 THE PROMENADE has not materially changed since April 2015.

How Large is 13 THE PROMENADE?

13 THE PROMENADE is 93m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of semi-detached houses houses in Consett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Consett, and where 13 THE PROMENADE lies on this distribution: 26% of semi-detached houses houses are smaller than 13 THE PROMENADE, and 72% of houses are larger. Note that EPC data is not available for all properties in Consett.

13 THE PROMENADE: Plot and Title Map

13 THE PROMENADE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 13 THE PROMENADE, 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 13 THE PROMENADE). 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 13 THE PROMENADE?

13 THE PROMENADE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 13 on THE PROMENADE.