2, FAIRWAYS, CONSETT, DH8 5NT - £130,000

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.

2 FAIRWAYS is a semi-detached house, which could now be worth an estimated £259,582. It was last sold for £130,000 in October 2003, which was around 88% above the average October 2003 semi-detached price in the County Durham local authority area.

2 FAIRWAYS Sold Prices

Land registry data shows two sales for 2 FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 2 FAIRWAYS 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
2003 1 OCT	£130,000	£69,104	88% above HPI
1995 27 MAR	£48,500	£37,472	29% above HPI

What might 2 FAIRWAYS be worth now?

2 FAIRWAYS might now be worth an estimated £259,582.

This is based on house price inflation of 99.7%, between October 2003 and May 2026, 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 99.7% inflationary increase is applied to the most recent sale price for 2 FAIRWAYS of £130,000 on 1st October 2003. For the value to have increased from £130,000 to £259,582 over the 23 years and five months to May 2026, the following assumptions must hold true:

• The value of 2 FAIRWAYS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2003 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRWAYS has not materially changed since October 2003.

Where is 2 FAIRWAYS?

2 FAIRWAYS is located in CONSETT, in the DH8 postcode district.