43, RICHARDSON WAY, CONSETT, DH8 5YF - £190,000

43 RICHARDSON WAY is a very small detached house of 85m². It was last sold for £190,000 in September 2022, which was around 12% below the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was A.

43 RICHARDSON WAY Sold Prices

Land registry data shows three sales for 43 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 43 RICHARDSON WAY 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
2022 27 SEP	£190,000	£217,021	12% below HPI
2019 21 JUN	£160,000	£171,015	6% below HPI
2016 1 DEC	£154,995	£163,164	5% below HPI

43 RICHARDSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 43 RICHARDSON WAY sales between December 2016 and September 2022 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 June 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 43 RICHARDSON WAY?

43 RICHARDSON WAY is 85m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 43 RICHARDSON WAY lies on this distribution: 15% of detached houses are smaller than 43 RICHARDSON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Consett.

43 RICHARDSON WAY: Plot and Title Map

43 RICHARDSON WAY sits on a plot of roughly 6.8 acres, or 27,596m². The below map shows the location of 43 RICHARDSON WAY, 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 RICHARDSON WAY). 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 RICHARDSON WAY?

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