2, THE CLOSE, CONSETT, DH8 0DS - £142,500

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 THE CLOSE is a midsized semi-detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £205,764. It was last sold for £142,500 in August 2013, which was around 49% above the average August 2013 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

2 THE CLOSE Sold Prices

Land registry data shows one sale for 2 THE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 21 AUG	£142,500	£95,561	49% above HPI

What might 2 THE CLOSE be worth now?

2 THE CLOSE might now be worth an estimated £205,764.

This is based on house price inflation of 44.4%, between August 2013 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 44.4% inflationary increase is applied to the most recent sale price for 2 THE CLOSE of £142,500 on 21st August 2013. For the value to have increased from £142,500 to £205,764 over the thirteen years and three months to May 2026, the following assumptions must hold true:

• The value of 2 THE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2013 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CLOSE has not materially changed since August 2013.

How Large is 2 THE CLOSE?

2 THE CLOSE is 85m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of semi-detached houses in Consett, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Consett, and where 2 THE CLOSE lies on this distribution: 55% of semi-detached houses are smaller than 2 THE CLOSE, and 44% of semi-detached houses are larger. Note that EPC data is not available for all properties in Consett.

2 THE CLOSE: Plot

2 THE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m².

Where is 2 THE CLOSE?

2 THE CLOSE is located in CONSETT, in the DH8 postcode district.