55, RIDGEWOOD CLOSE, DARLINGTON, DL1 4TE - £97,000

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

55 RIDGEWOOD CLOSE is a very small semi-detached house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £108,857. It was last sold for £97,000 in July 2021, which was around 35% below the average July 2021 semi-detached price in the Darlington local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

55 RIDGEWOOD CLOSE Sold Prices

Land registry data shows two sales for 55 RIDGEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Darlington local authority area for the corresponding sale date. Both of the two 55 RIDGEWOOD 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 16 JUL	£97,000	£150,291	35% below HPI
2005 26 AUG	£91,500	£122,344	25% below HPI

55 RIDGEWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Darlington local authority area over time, sourced from the HPI. The two 55 RIDGEWOOD CLOSE sales from August 2005 and July 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 August 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 55 RIDGEWOOD CLOSE be worth now?

55 RIDGEWOOD CLOSE might now be worth an estimated £108,857.

This is based on house price inflation of 12.2%, between July 2021 and December 2024, for semi-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 12.2% inflationary increase is applied to the most recent sale price for 55 RIDGEWOOD CLOSE of £97,000 on 16th July 2021. For the value to have increased from £97,000 to £108,857 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 55 RIDGEWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Darlington local authority area.
• The July 2021 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 55 RIDGEWOOD CLOSE has not materially changed since July 2021.

How Large is 55 RIDGEWOOD CLOSE?

55 RIDGEWOOD CLOSE is 62m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in Darlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Darlington, and where 55 RIDGEWOOD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 55 RIDGEWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Darlington.

55 RIDGEWOOD CLOSE: Plot and Title Map

55 RIDGEWOOD CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 55 RIDGEWOOD 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 55 RIDGEWOOD 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 55 RIDGEWOOD CLOSE?

55 RIDGEWOOD CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 55 on RIDGEWOOD CLOSE.