16, GREENSFIELD CLOSE, FAVERDALE, DARLINGTON, DL3 0ED - £120,500

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.

16 GREENSFIELD CLOSE is a very small semi-detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £156,892. It was last sold for £120,500 in November 2006, which was around 9% below the average November 2006 semi-detached price in the Darlington local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

16 GREENSFIELD CLOSE Sold Prices

Land registry data shows three sales for 16 GREENSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Darlington local authority area for the corresponding sale date. One of the three 16 GREENSFIELD CLOSE sales was for below the average price, whilst two 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
2006 10 NOV	£120,500	£133,061	9% below HPI
2002 30 MAY	£71,950	£62,498	15% above HPI
1998 9 APR	£53,450	£48,139	11% above HPI

16 GREENSFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Darlington local authority area over time, sourced from the HPI. The three 16 GREENSFIELD CLOSE sales between April 1998 and November 2006 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 May 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2006 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 GREENSFIELD CLOSE be worth now?

16 GREENSFIELD CLOSE might now be worth an estimated £156,892.

This is based on house price inflation of 30.2%, between November 2006 and March 2025, for semi-detached houses, in the Darlington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for 16 GREENSFIELD CLOSE of £120,500 on 10th November 2006. For the value to have increased from £120,500 to £156,892 over the nineteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 16 GREENSFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Darlington local authority area.
• The November 2006 sale price of £120,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GREENSFIELD CLOSE has not materially changed since November 2006.

How Large is 16 GREENSFIELD CLOSE?

16 GREENSFIELD CLOSE is 67m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Darlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Darlington, and where 16 GREENSFIELD CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 16 GREENSFIELD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Darlington.

16 GREENSFIELD CLOSE: Plot and Title Map

16 GREENSFIELD CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 16 GREENSFIELD 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 16 GREENSFIELD 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 16 GREENSFIELD CLOSE?

16 GREENSFIELD CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 16 on GREENSFIELD CLOSE.