2, MILBANK ROAD, DARLINGTON, DL3 9NH - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MILBANK ROAD is a very large detached house of 257m², built sometime between 1900 and 1929. It was last sold for £595,000 in January 2018, which was around 173% above the average January 2018 detached price in the Darlington local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 MILBANK ROAD Sold Prices

Land registry data shows four sales for 2 MILBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the four 2 MILBANK ROAD sales 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
2018 12 JAN	£595,000	£217,686	173% above HPI
2016 26 MAY	£495,000	£212,028	133% above HPI
2005 2 NOV	£480,000	£204,843	134% above HPI
1998 11 MAR	£174,000	£85,710	103% above HPI

2 MILBANK ROAD 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 four 2 MILBANK ROAD sales between March 1998 and January 2018 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 2016 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the January 2018 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.

How Large is 2 MILBANK ROAD?

2 MILBANK ROAD is 257m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 2 MILBANK ROAD lies on this distribution: 98% of detached houses are smaller than 2 MILBANK ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Darlington.

2 MILBANK ROAD: Plot and Title Map

2 MILBANK ROAD sits on a plot of roughly 0.263 of an acre, or 1,063m². The below map shows the location of 2 MILBANK ROAD, 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 MILBANK ROAD). 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 MILBANK ROAD?

2 MILBANK ROAD is located in DARLINGTON, in the DL3 postcode district. The below map shows the position of No. 2 on MILBANK ROAD.