THE SPA LODGE, THE SPA GARDENS, CONSETT, DH8 0TN - £235,000

THE SPA LODGE is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £235,000 in September 2022, which was around 8% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

THE SPA LODGE Sold Prices

Land registry data shows four sales for THE SPA LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four THE SPA LODGE 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
2022 20 SEP	£235,000	£217,021	8% above HPI
2020 15 OCT	£160,000	£175,528	9% below HPI
2015 23 NOV	£170,000	£160,465	6% above HPI
2003 29 JUL	£163,000	£114,931	42% above HPI

THE SPA LODGE 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 four THE SPA LODGE sales between July 2003 and September 2022 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 October 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE SPA LODGE?

THE SPA LODGE is 59m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 SPA LODGE lies on this distribution: 1% of detached houses are smaller than THE SPA LODGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Consett.

THE SPA LODGE: Plot and Title Map

THE SPA LODGE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of THE SPA LODGE, 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 SPA LODGE). 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 SPA LODGE?

THE SPA LODGE is located on THE SPA GARDENS in CONSETT, in the DH8 postcode district. The below map shows the position of THE SPA LODGE on THE SPA GARDENS.