5, SKERNE STUDIOS, WEIR STREET, DARLINGTON, DL1 1QN - £223,000

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 SKERNE STUDIOS is a very large detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £239,294. It was last sold for £223,000 in June 2023, which was around 15% below the average June 2023 detached price in the Darlington local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.

5 SKERNE STUDIOS Sold Prices

Land registry data shows two sales for 5 SKERNE STUDIOS 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 SKERNE STUDIOS 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
2023 30 JUN	£223,000	£261,639	15% below HPI
2017 14 DEC	£130,000	£224,259	42% below HPI

5 SKERNE STUDIOS 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 SKERNE STUDIOS sales from December 2017 and June 2023 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 December 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 SKERNE STUDIOS be worth now?

5 SKERNE STUDIOS might now be worth an estimated £239,294.

This is based on house price inflation of 7.3%, between June 2023 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 7.3% inflationary increase is applied to the most recent sale price for 5 SKERNE STUDIOS of £223,000 on 30th June 2023. For the value to have increased from £223,000 to £239,294 over the six months to December 2024, the following assumptions must hold true:

• The value of 5 SKERNE STUDIOS has moved in line with the HPI for detached houses in the Darlington local authority area.
• The June 2023 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SKERNE STUDIOS has not materially changed since June 2023.

How Large is 5 SKERNE STUDIOS?

5 SKERNE STUDIOS is 156m² according to the EPC inspection conducted in December 2022. 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 SKERNE STUDIOS lies on this distribution: 84% of detached houses houses are smaller than 5 SKERNE STUDIOS, and 16% of houses are larger. Note that EPC data is not available for all properties in Darlington.

5 SKERNE STUDIOS: Plot and Title Map

5 SKERNE STUDIOS sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 5 SKERNE STUDIOS, 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 SKERNE STUDIOS). 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 SKERNE STUDIOS?

5 SKERNE STUDIOS is located on WEIR STREET in DARLINGTON, in the DL1 postcode district. The below map shows the position of 5 SKERNE STUDIOS on WEIR STREET.