48, ALVERTON DRIVE, FAVERDALE, DARLINGTON, DL3 0GA - £174,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 ALVERTON DRIVE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £174,500 in June 2015, which was around 14% below the average June 2015 detached price in the Darlington local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

48 ALVERTON DRIVE Sold Prices

Land registry data shows two sales for 48 ALVERTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. Both of the two 48 ALVERTON DRIVE 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
2015 4 JUN	£174,500	£202,599	14% below HPI
1997 29 AUG	£74,500	£82,367	10% below HPI

48 ALVERTON DRIVE 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 two 48 ALVERTON DRIVE sales from August 1997 and June 2015 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 48 ALVERTON DRIVE?

48 ALVERTON DRIVE is 101m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 48 ALVERTON DRIVE lies on this distribution: 40% of detached houses are smaller than 48 ALVERTON DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Darlington.

48 ALVERTON DRIVE: Plot and Title Map

48 ALVERTON DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 48 ALVERTON DRIVE, 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 48 ALVERTON DRIVE). 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 48 ALVERTON DRIVE?

48 ALVERTON DRIVE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 48 on ALVERTON DRIVE.