42, BALMER HILL, GAINFORD, DARLINGTON, DL2 3EL - £200,000

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.

42 BALMER HILL is a small semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £272,642. It was last sold for £200,000 in July 2020, which was around 100% above the average July 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

42 BALMER HILL Sold Prices

Land registry data shows three sales for 42 BALMER HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 42 BALMER HILL 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
2020 24 JUL	£200,000	£99,882	100% above HPI
2000 22 SEP	£60,000	£44,795	34% above HPI
1995 21 JUN	£57,500	£37,806	52% above HPI

42 BALMER HILL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 42 BALMER HILL sales between June 1995 and July 2020 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 September 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2020 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 42 BALMER HILL be worth now?

42 BALMER HILL might now be worth an estimated £272,642.

This is based on house price inflation of 36.3%, between July 2020 and February 2025, for semi-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 36.3% inflationary increase is applied to the most recent sale price for 42 BALMER HILL of £200,000 on 24th July 2020. For the value to have increased from £200,000 to £272,642 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 42 BALMER HILL has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 42 BALMER HILL has not materially changed since July 2020.

How Large is 42 BALMER HILL?

42 BALMER HILL is 94m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of semi-detached houses houses in Gainford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainford, and where 42 BALMER HILL lies on this distribution: 33% of semi-detached houses houses are smaller than 42 BALMER HILL, and 67% of houses are larger. Note that EPC data is not available for all properties in Gainford.

42 BALMER HILL: Plot and Title Map

42 BALMER HILL sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 42 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 42 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 42 BALMER HILL?

42 BALMER HILL is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 42 on BALMER HILL.