1A, KNITSLEY LANE, CONSETT, DH8 5RY - £80,000

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.

1A KNITSLEY LANE is a small extended terraced house of 91m², built sometime before 1900, which could now be worth an estimated £109,834. It was last sold for £80,000 in December 2019, which was around 1% below the average December 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1A KNITSLEY LANE Sold Prices

Land registry data shows three sales for 1A KNITSLEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 1A KNITSLEY LANE sales were for below 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 18 DEC	£80,000	£80,567	1% below HPI
2019 25 FEB	£39,000	£76,743	49% below HPI
1997 24 OCT	£29,500	£31,240	6% below HPI

1A KNITSLEY LANE 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 three 1A KNITSLEY LANE sales between October 1997 and December 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 February 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1A KNITSLEY LANE be worth now?

1A KNITSLEY LANE might now be worth an estimated £109,834.

This is based on house price inflation of 37.3%, between December 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 37.3% inflationary increase is applied to the most recent sale price for 1A KNITSLEY LANE of £80,000 on 18th December 2019. For the value to have increased from £80,000 to £109,834 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 1A KNITSLEY LANE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2019 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 1A KNITSLEY LANE has not materially changed since December 2019.

How Large is 1A KNITSLEY LANE?

1A KNITSLEY LANE is 91m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 1A KNITSLEY LANE lies on this distribution: 24% of terraced houses houses are smaller than 1A KNITSLEY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Consett.

1A KNITSLEY LANE: Plot and Title Map

1A KNITSLEY LANE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 1A KNITSLEY LANE, 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 1A KNITSLEY LANE). 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 1A KNITSLEY LANE?

1A KNITSLEY LANE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 1A on KNITSLEY LANE.