43, LANGDON CLOSE, CONSETT, DH8 7NG - £115,500

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.

43 LANGDON CLOSE is a very small terraced house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £147,382. It was last sold for £115,500 in December 2020, which was around 33% above the average December 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

43 LANGDON CLOSE Sold Prices

Land registry data shows four sales for 43 LANGDON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the four 43 LANGDON 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
2020 16 DEC	£115,500	£86,684	33% above HPI
2008 5 DEC	£108,000	£85,588	26% above HPI
2005 18 AUG	£125,000	£83,693	49% above HPI
2004 10 DEC	£118,000	£76,519	54% above HPI

43 LANGDON 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 four 43 LANGDON CLOSE sales between December 2004 and December 2020 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 December 2008 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 43 LANGDON CLOSE be worth now?

43 LANGDON CLOSE might now be worth an estimated £147,382.

This is based on house price inflation of 27.6%, between December 2020 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 27.6% inflationary increase is applied to the most recent sale price for 43 LANGDON CLOSE of £115,500 on 16th December 2020. For the value to have increased from £115,500 to £147,382 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 43 LANGDON CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2020 sale price of £115,500 represented a fair market value for the property.
• The size, condition, and specification of 43 LANGDON CLOSE has not materially changed since December 2020.

How Large is 43 LANGDON CLOSE?

43 LANGDON CLOSE is 69m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 43 LANGDON CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 43 LANGDON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Consett.

43 LANGDON CLOSE: Plot and Title Map

43 LANGDON CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 43 LANGDON 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 43 LANGDON 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 43 LANGDON CLOSE?

43 LANGDON CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 43 on LANGDON CLOSE.