3, SHERWOOD CLOSE, CONSETT, DH8 0TX - £202,500

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.

3 SHERWOOD CLOSE is a large terraced house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £275,405. It was last sold for £202,500 in August 2018, which was around 149% above the average August 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

3 SHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 SHERWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 3 SHERWOOD 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
2018 28 AUG	£202,500	£81,331	149% above HPI
2013 9 JUL	£153,000	£78,674	94% above HPI

3 SHERWOOD CLOSE 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 two 3 SHERWOOD CLOSE sales from July 2013 and August 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 July 2013 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the August 2018 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 3 SHERWOOD CLOSE be worth now?

3 SHERWOOD CLOSE might now be worth an estimated £275,405.

This is based on house price inflation of 36%, between August 2018 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 36% inflationary increase is applied to the most recent sale price for 3 SHERWOOD CLOSE of £202,500 on 28th August 2018. For the value to have increased from £202,500 to £275,405 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 3 SHERWOOD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2018 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERWOOD CLOSE has not materially changed since August 2018.

How Large is 3 SHERWOOD CLOSE?

3 SHERWOOD CLOSE is 133m² according to the EPC inspection conducted in August 2011. This puts it in the largest 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 3 SHERWOOD CLOSE lies on this distribution: 78% of terraced houses houses are smaller than 3 SHERWOOD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Consett.

3 SHERWOOD CLOSE: Plot and Title Map

3 SHERWOOD CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 3 SHERWOOD 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 3 SHERWOOD 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 3 SHERWOOD CLOSE?

3 SHERWOOD CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 3 on SHERWOOD CLOSE.