9, SPRING CLOSE, CONSETT, DH8 0QL - £215,000

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.

9 SPRING CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £302,834. It was last sold for £215,000 in May 2018, which was around 27% above the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was A.

9 SPRING CLOSE Sold Prices

Land registry data shows two sales for 9 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 9 SPRING 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 9 MAY	£215,000	£169,750	27% above HPI
2018 9 MAY	£225,000	£169,750	33% above HPI

What might 9 SPRING CLOSE be worth now?

9 SPRING CLOSE might now be worth an estimated £302,834.

This is based on house price inflation of 40.9%, between May 2018 and July 2026, for 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 40.9% inflationary increase is applied to the most recent sale price for 9 SPRING CLOSE of £215,000 on 9th May 2018. For the value to have increased from £215,000 to £302,834 over the seven years and ten months to July 2026, the following assumptions must hold true:

• The value of 9 SPRING CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRING CLOSE has not materially changed since May 2018.

How Large is 9 SPRING CLOSE?

9 SPRING CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Ebchester, based on EPC data. The below chart shows the distribution of detached houses by size in Ebchester, and where 9 SPRING CLOSE lies on this distribution: 32% of detached houses are smaller than 9 SPRING CLOSE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Ebchester.

9 SPRING CLOSE: Plot

9 SPRING CLOSE sits on a plot of roughly 0.111 of an acre, or 449m².

Where is 9 SPRING CLOSE?

9 SPRING CLOSE is located in CONSETT, in the DH8 postcode district.