THE FERNS, ELMFIELD ROAD, CONSETT, DH8 5NN - £510,000

THE FERNS is a very large detached house of 243m², built sometime between 1900 and 1929. It was last sold for £510,000 in December 2021, which was around 156% above the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

THE FERNS Sold Prices

Land registry data shows six sales for THE FERNS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six THE FERNS 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
2021 15 DEC	£510,000	£199,010	156% above HPI
2019 19 JUL	£420,000	£168,728	149% above HPI
2009 10 DEC	£382,500	£173,975	120% above HPI
2007 19 DEC	£380,000	£193,231	97% above HPI
2006 15 DEC	£330,000	£183,161	80% above HPI
1999 18 JAN	£100,000	£72,516	38% above HPI

THE FERNS Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The six THE FERNS sales between January 1999 and December 2021 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 July 2019 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the December 2021 sale, where it rises to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is THE FERNS?

THE FERNS is 243m² according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where THE FERNS lies on this distribution: 99% of detached houses are smaller than THE FERNS, and 1% of houses are larger. Note that EPC data is not available for all properties in Consett.

THE FERNS: Plot and Title Map

THE FERNS sits on a plot of roughly 0.537 of an acre, or 2,172m². The below map shows the location of THE FERNS, 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 THE FERNS). 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 THE FERNS?

THE FERNS is located on ELMFIELD ROAD in CONSETT, in the DH8 postcode district. The below map shows the position of THE FERNS on ELMFIELD ROAD.