2, HOWNSGILL DRIVE, CONSETT, DH8 9ER - £108,000

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.

2 HOWNSGILL DRIVE is a small semi-detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £155,470. It was last sold for £108,000 in June 2012, which was around 14% above the average June 2012 semi-detached price in the County Durham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

2 HOWNSGILL DRIVE Sold Prices

Land registry data shows three sales for 2 HOWNSGILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Two of the three 2 HOWNSGILL DRIVE sales were for above the average price, whilst one was 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
2012 22 JUN	£108,000	£94,586	14% above HPI
2000 28 JAN	£67,000	£42,925	56% above HPI
1996 2 FEB	£35,500	£37,839	6% below HPI

2 HOWNSGILL DRIVE 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 three 2 HOWNSGILL DRIVE sales between February 1996 and June 2012 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 2000 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 HOWNSGILL DRIVE be worth now?

2 HOWNSGILL DRIVE might now be worth an estimated £155,470.

This is based on house price inflation of 44%, between June 2012 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 44% inflationary increase is applied to the most recent sale price for 2 HOWNSGILL DRIVE of £108,000 on 22nd June 2012. For the value to have increased from £108,000 to £155,470 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 HOWNSGILL DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2012 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOWNSGILL DRIVE has not materially changed since June 2012.

How Large is 2 HOWNSGILL DRIVE?

2 HOWNSGILL DRIVE is 101m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% 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 2 HOWNSGILL DRIVE lies on this distribution: 37% of semi-detached houses houses are smaller than 2 HOWNSGILL DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Consett.

2 HOWNSGILL DRIVE: Plot and Title Map

2 HOWNSGILL DRIVE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 2 HOWNSGILL DRIVE, 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 2 HOWNSGILL DRIVE). 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 2 HOWNSGILL DRIVE?

2 HOWNSGILL DRIVE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 2 on HOWNSGILL DRIVE.