2, MELDON CLOSE, DARLINGTON, DL1 2BB - £148,000

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.

2 MELDON CLOSE is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £193,640. It was last sold for £148,000 in June 2016, which was around 32% below the average June 2016 detached price in the Darlington local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 MELDON CLOSE Sold Prices

Land registry data shows three sales for 2 MELDON CLOSE 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 2 MELDON CLOSE 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
2016 22 JUN	£148,000	£216,499	32% below HPI
2007 21 AUG	£149,000	£225,793	34% below HPI
2002 31 MAY	£73,000	£110,602	34% below HPI

2 MELDON 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 three 2 MELDON CLOSE sales between May 2002 and June 2016 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 August 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 MELDON CLOSE be worth now?

2 MELDON CLOSE might now be worth an estimated £193,640.

This is based on house price inflation of 30.8%, between June 2016 and February 2025, for 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 30.8% inflationary increase is applied to the most recent sale price for 2 MELDON CLOSE of £148,000 on 22nd June 2016. For the value to have increased from £148,000 to £193,640 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2 MELDON CLOSE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The June 2016 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELDON CLOSE has not materially changed since June 2016.

How Large is 2 MELDON CLOSE?

2 MELDON CLOSE is 86m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Darlington, and where 2 MELDON CLOSE lies on this distribution: 19% of detached houses houses are smaller than 2 MELDON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Darlington.

2 MELDON CLOSE: Plot and Title Map

2 MELDON CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 MELDON 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 2 MELDON 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 2 MELDON CLOSE?

2 MELDON CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 2 on MELDON CLOSE.