5, ELY CLOSE, DARLINGTON, DL1 2SQ - £187,500

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.

5 ELY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £219,172. It was last sold for £187,500 in October 2021, which was around 23% below the average October 2021 detached price in the Darlington local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

5 ELY CLOSE Sold Prices

Land registry data shows three sales for 5 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the three 5 ELY CLOSE 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 22 OCT	£187,500	£242,329	23% below HPI
2012 14 SEP	£150,000	£200,567	25% below HPI
2011 8 JUN	£128,000	£202,062	37% below HPI

5 ELY CLOSE 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 three 5 ELY CLOSE sales between June 2011 and October 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 September 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 ELY CLOSE be worth now?

5 ELY CLOSE might now be worth an estimated £219,172.

This is based on house price inflation of 16.9%, between October 2021 and February 2025, for 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 16.9% inflationary increase is applied to the most recent sale price for 5 ELY CLOSE of £187,500 on 22nd October 2021. For the value to have increased from £187,500 to £219,172 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 ELY CLOSE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The October 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 5 ELY CLOSE has not materially changed since October 2021.

How Large is 5 ELY CLOSE?

5 ELY CLOSE is 68m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Darlington, and where 5 ELY CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 ELY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Darlington.

5 ELY CLOSE: Plot and Title Map

5 ELY CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 5 ELY 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 5 ELY 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 5 ELY CLOSE?

5 ELY CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 5 on ELY CLOSE.