5, GRESHAM CLOSE, DARLINGTON, DL1 2YT - £240,000

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

5 GRESHAM CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £240,000 in July 2022, which was around 9% below the average July 2022 detached price in the Darlington local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

5 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 5 GRESHAM 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 GRESHAM 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
2022 15 JUL	£240,000	£262,540	9% below HPI
2007 25 JUN	£165,000	£219,399	25% below HPI
1999 30 JUL	£78,300	£85,898	9% below HPI

5 GRESHAM 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 GRESHAM CLOSE sales between July 1999 and July 2022 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 June 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 GRESHAM CLOSE?

5 GRESHAM CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 5 GRESHAM CLOSE lies on this distribution: 29% of detached houses are smaller than 5 GRESHAM CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Darlington.

5 GRESHAM CLOSE: Plot and Title Map

5 GRESHAM CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 GRESHAM 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 GRESHAM 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 GRESHAM CLOSE?

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