18, BALMER HILL, GAINFORD, DARLINGTON, DL2 3EJ - £179,550

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.

18 BALMER HILL is a midsized extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £234,481. It was last sold for £179,550 in May 2006, which was around 1% below the average May 2006 detached price in the County Durham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

18 BALMER HILL Sold Prices

Land registry data shows four sales for 18 BALMER HILL 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. All of the four 18 BALMER HILL 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
2006 16 MAY	£179,550	£180,839	1% below HPI
2002 28 JUN	£89,950	£93,827	4% below HPI
1998 1 DEC	£72,000	£74,879	4% below HPI
1996 29 MAR	£64,500	£67,911	5% below HPI

18 BALMER HILL 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 18 BALMER HILL sales between March 1996 and May 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 June 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2006 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 BALMER HILL be worth now?

18 BALMER HILL might now be worth an estimated £234,481.

This is based on house price inflation of 30.6%, between May 2006 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 18 BALMER HILL of £179,550 on 16th May 2006. For the value to have increased from £179,550 to £234,481 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 18 BALMER HILL has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2006 sale price of £179,550 represented a fair market value for the property.
• The size, condition, and specification of 18 BALMER HILL has not materially changed since May 2006.

How Large is 18 BALMER HILL?

18 BALMER HILL is 101m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainford, and where 18 BALMER HILL lies on this distribution: 42% of detached houses houses are smaller than 18 BALMER HILL, and 58% of houses are larger. Note that EPC data is not available for all properties in Gainford.

18 BALMER HILL: Plot and Title Map

18 BALMER HILL sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 18 BALMER HILL, 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 18 BALMER HILL). 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 18 BALMER HILL?

18 BALMER HILL is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 18 on BALMER HILL.