53, CHESTNUT DRIVE, DARLINGTON, DL1 4RR - £120,000

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.

53 CHESTNUT DRIVE is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £159,844. It was last sold for £120,000 in March 2011, which was around 44% below the average March 2011 detached price in the Darlington local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

53 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 53 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the four 53 CHESTNUT 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
2011 31 MAR	£120,000	£212,655	44% below HPI
2010 14 OCT	£132,000	£215,849	39% below HPI
2007 31 JAN	£144,950	£217,406	33% below HPI
2004 15 MAR	£115,000	£167,077	31% below HPI

53 CHESTNUT 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 four 53 CHESTNUT DRIVE sales between March 2004 and March 2011 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 October 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 53 CHESTNUT DRIVE be worth now?

53 CHESTNUT DRIVE might now be worth an estimated £159,844.

This is based on house price inflation of 33.2%, between March 2011 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 33.2% inflationary increase is applied to the most recent sale price for 53 CHESTNUT DRIVE of £120,000 on 31st March 2011. For the value to have increased from £120,000 to £159,844 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 53 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The March 2011 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 53 CHESTNUT DRIVE has not materially changed since March 2011.

How Large is 53 CHESTNUT DRIVE?

53 CHESTNUT DRIVE is 78m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 53 CHESTNUT DRIVE lies on this distribution: 11% of detached houses houses are smaller than 53 CHESTNUT DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Darlington.

53 CHESTNUT DRIVE: Plot and Title Map

53 CHESTNUT DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 53 CHESTNUT 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 53 CHESTNUT 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 53 CHESTNUT DRIVE?

53 CHESTNUT DRIVE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 53 on CHESTNUT DRIVE.