1, MILLRACE CLOSE, DARLINGTON, DL1 3SQ - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILLRACE CLOSE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £175,000 in June 2011, which was around 14% below the average June 2011 detached price in the Darlington local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

1 MILLRACE CLOSE Sold Prices

Land registry data shows two sales for 1 MILLRACE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. One of the two 1 MILLRACE CLOSE sales was for below the average price, whilst the other was 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
2011 30 JUN	£175,000	£202,472	14% below HPI
2002 26 JUL	£119,000	£118,403	1% above HPI

1 MILLRACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two 1 MILLRACE CLOSE sales from July 2002 and June 2011 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 MILLRACE CLOSE?

1 MILLRACE CLOSE is 108m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 1 MILLRACE CLOSE lies on this distribution: 49% of detached houses are smaller than 1 MILLRACE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Darlington.

1 MILLRACE CLOSE: Plot and Title Map

1 MILLRACE CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 MILLRACE CLOSE, 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 1 MILLRACE CLOSE). 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 1 MILLRACE CLOSE?

1 MILLRACE CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 1 on MILLRACE CLOSE.