4, FARNDALE GARDENS, SHILDON, DL4 2LZ - £174,000

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.

4 FARNDALE GARDENS is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £203,722. It was last sold for £174,000 in August 2021, which was around 14% below the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

4 FARNDALE GARDENS Sold Prices

Land registry data shows two sales for 4 FARNDALE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 FARNDALE GARDENS 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
2021 6 AUG	£174,000	£202,233	14% below HPI
2020 20 JUL	£145,000	£173,472	16% below HPI

4 FARNDALE GARDENS 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 two 4 FARNDALE GARDENS sales from July 2020 and August 2021 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 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 FARNDALE GARDENS be worth now?

4 FARNDALE GARDENS might now be worth an estimated £203,722.

This is based on house price inflation of 17.1%, between August 2021 and March 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 17.1% inflationary increase is applied to the most recent sale price for 4 FARNDALE GARDENS of £174,000 on 6th August 2021. For the value to have increased from £174,000 to £203,722 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 4 FARNDALE GARDENS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2021 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FARNDALE GARDENS has not materially changed since August 2021.

How Large is 4 FARNDALE GARDENS?

4 FARNDALE GARDENS is 75m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shildon, and where 4 FARNDALE GARDENS lies on this distribution: 6% of detached houses houses are smaller than 4 FARNDALE GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Shildon.

4 FARNDALE GARDENS: Plot and Title Map

4 FARNDALE GARDENS sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 4 FARNDALE GARDENS, 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 4 FARNDALE GARDENS). 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 4 FARNDALE GARDENS?

4 FARNDALE GARDENS is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 4 on FARNDALE GARDENS.