38, GREENSFIELD CLOSE, FAVERDALE, DARLINGTON, DL3 0ED - £74,500

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.

38 GREENSFIELD CLOSE is a small extended semi-detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £216,304. It was last sold for £74,500 in September 2001, which was around 27% above the average September 2001 semi-detached price in the Darlington local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

38 GREENSFIELD CLOSE Sold Prices

Land registry data shows two sales for 38 GREENSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Darlington local authority area for the corresponding sale date. Both of the two 38 GREENSFIELD CLOSE 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
2001 28 SEP	£74,500	£58,553	27% above HPI
1998 6 JUL	£64,950	£49,107	32% above HPI

38 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 two 38 GREENSFIELD CLOSE sales from July 1998 and September 2001 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 July 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2001 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 38 GREENSFIELD CLOSE be worth now?

38 GREENSFIELD CLOSE might now be worth an estimated £216,304.

This is based on house price inflation of 190.3%, between September 2001 and February 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 190.3% inflationary increase is applied to the most recent sale price for 38 GREENSFIELD CLOSE of £74,500 on 28th September 2001. For the value to have increased from £74,500 to £216,304 over the 24 years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 GREENSFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Darlington local authority area.
• The September 2001 sale price of £74,500 represented a fair market value for the property.
• The size, condition, and specification of 38 GREENSFIELD CLOSE has not materially changed since September 2001.

How Large is 38 GREENSFIELD CLOSE?

38 GREENSFIELD CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% 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 38 GREENSFIELD CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 38 GREENSFIELD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Darlington.

38 GREENSFIELD CLOSE: Plot and Title Map

38 GREENSFIELD CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 38 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 38 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 38 GREENSFIELD CLOSE?

38 GREENSFIELD CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 38 on GREENSFIELD CLOSE.