OVINGDON, THE TERRACE, CONSETT, DH8 0EZ - £185,000

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.

OVINGDON is a small semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £249,669. It was last sold for £185,000 in August 2018, which was around 85% above the average August 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

OVINGDON Sold Prices

Land registry data shows four sales for OVINGDON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four OVINGDON 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 17 AUG	£185,000	£100,083	85% above HPI
2013 2 AUG	£150,000	£95,561	57% above HPI
2007 31 JAN	£145,000	£110,507	31% above HPI
2001 2 MAR	£75,950	£42,870	77% above HPI

OVINGDON Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four OVINGDON sales between March 2001 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 August 2013 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2018 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might OVINGDON be worth now?

OVINGDON might now be worth an estimated £249,669.

This is based on house price inflation of 35%, between August 2018 and June 2025, for semi-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 35% inflationary increase is applied to the most recent sale price for OVINGDON of £185,000 on 17th August 2018. For the value to have increased from £185,000 to £249,669 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of OVINGDON has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of OVINGDON has not materially changed since August 2018.

How Large is OVINGDON?

OVINGDON is 99m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of semi-detached houses houses in Consett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Consett, and where OVINGDON lies on this distribution: 35% of semi-detached houses houses are smaller than OVINGDON, and 64% of houses are larger. Note that EPC data is not available for all properties in Consett.

OVINGDON: Plot and Title Map

OVINGDON sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of OVINGDON, 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 OVINGDON). 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 OVINGDON?

OVINGDON is located on THE TERRACE in CONSETT, in the DH8 postcode district. The below map shows the position of OVINGDON on THE TERRACE.