49, ARKLESS GROVE, THE GROVE, CONSETT, DH8 8AB - £95,000

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.

49 ARKLESS GROVE is a very small terraced house of 71m², which could now be worth an estimated £128,303. It was last sold for £95,000 in June 2019, which was around 16% above the average June 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was B, and the potential energy rating was B.

49 ARKLESS GROVE Sold Prices

Land registry data shows two sales for 49 ARKLESS GROVE 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 49 ARKLESS GROVE 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
2019 21 JUN	£95,000	£81,901	16% above HPI
2016 9 JUN	£92,000	£77,877	18% above HPI

49 ARKLESS GROVE 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 49 ARKLESS GROVE sales from June 2016 and June 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 June 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2019 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 49 ARKLESS GROVE be worth now?

49 ARKLESS GROVE might now be worth an estimated £128,303.

This is based on house price inflation of 35.1%, between June 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 35.1% inflationary increase is applied to the most recent sale price for 49 ARKLESS GROVE of £95,000 on 21st June 2019. For the value to have increased from £95,000 to £128,303 over the six years to June 2025, the following assumptions must hold true:

• The value of 49 ARKLESS GROVE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2019 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ARKLESS GROVE has not materially changed since June 2019.

How Large is 49 ARKLESS GROVE?

49 ARKLESS GROVE is 71m² according to the EPC inspection conducted in May 2010. 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 49 ARKLESS GROVE lies on this distribution: 3% of terraced houses houses are smaller than 49 ARKLESS GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Consett.

49 ARKLESS GROVE: Plot and Title Map

49 ARKLESS GROVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 49 ARKLESS GROVE, 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 49 ARKLESS GROVE). 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 49 ARKLESS GROVE?

49 ARKLESS GROVE is located in THE GROVE, in the DH8 postcode district. The below map shows the position of No. 49 on ARKLESS GROVE.