5, GREENRIGG CLOSE, FAVERDALE, DARLINGTON, DL3 0EF - £281,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 GREENRIGG CLOSE is a very large extended detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £382,728. It was last sold for £281,000 in January 2015, which was around 36% above the average January 2015 detached price in the Darlington local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

5 GREENRIGG CLOSE Sold Prices

Land registry data shows two sales for 5 GREENRIGG CLOSE 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 5 GREENRIGG 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
2015 30 JAN	£281,000	£206,132	36% above HPI
1998 13 NOV	£111,850	£90,581	23% above HPI

5 GREENRIGG 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 two 5 GREENRIGG CLOSE sales from November 1998 and January 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 November 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 5 GREENRIGG CLOSE be worth now?

5 GREENRIGG CLOSE might now be worth an estimated £382,728.

This is based on house price inflation of 36.2%, between January 2015 and December 2024, 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 36.2% inflationary increase is applied to the most recent sale price for 5 GREENRIGG CLOSE of £281,000 on 30th January 2015. For the value to have increased from £281,000 to £382,728 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 5 GREENRIGG CLOSE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The January 2015 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENRIGG CLOSE has not materially changed since January 2015.

How Large is 5 GREENRIGG CLOSE?

5 GREENRIGG CLOSE is 176m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 GREENRIGG CLOSE lies on this distribution: 89% of detached houses houses are smaller than 5 GREENRIGG CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Darlington.

5 GREENRIGG CLOSE: Plot and Title Map

5 GREENRIGG CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 5 GREENRIGG 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 GREENRIGG 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 GREENRIGG CLOSE?

5 GREENRIGG CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 5 on GREENRIGG CLOSE.