12, CHEERYBLE CHARE, DARLINGTON, DL2 2WT - £182,500

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

12 CHEERYBLE CHARE is a very small detached house of 61m², built sometime from 2012 onwards. It was last sold for £182,500 in July 2024, which was around 35% below the average July 2024 detached price in the Darlington local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was A.

12 CHEERYBLE CHARE Sold Prices

Land registry data shows three sales for 12 CHEERYBLE CHARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the three 12 CHEERYBLE CHARE sales were for below 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
2024 5 JUL	£182,500	£279,484	35% below HPI
2023 20 OCT	£200,000	£264,779	24% below HPI
2021 24 SEP	£179,995	£244,548	26% below HPI

12 CHEERYBLE CHARE 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 three 12 CHEERYBLE CHARE sales between September 2021 and July 2024 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 2023 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 CHEERYBLE CHARE?

12 CHEERYBLE CHARE is 61m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 12 CHEERYBLE CHARE lies on this distribution: 2% of detached houses are smaller than 12 CHEERYBLE CHARE, and 98% of houses are larger. Note that EPC data is not available for all properties in Darlington.

Where is 12 CHEERYBLE CHARE?

12 CHEERYBLE CHARE is located in DARLINGTON, in the DL2 postcode district. The below map shows the position of No. 12 on CHEERYBLE CHARE.