7, LOW ROAD, GAINFORD, DARLINGTON, DL2 3DW - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 LOW ROAD is a very small extended detached house of 62m², built sometime before 1900. It was last sold for £185,000 in March 2024, which was around 11% below the average March 2024 detached price in the County Durham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

7 LOW ROAD Sold Prices

Land registry data shows three sales for 7 LOW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 7 LOW ROAD 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
2024 28 MAR	£185,000	£208,141	11% below HPI
2014 3 OCT	£134,000	£156,758	15% below HPI
1999 27 AUG	£20,000	£77,237	74% below HPI

7 LOW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 7 LOW ROAD sales between August 1999 and March 2024 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 LOW ROAD?

7 LOW ROAD is 62m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses by size in Gainford, and where 7 LOW ROAD lies on this distribution: Less than 1% of detached houses are smaller than 7 LOW ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gainford.

7 LOW ROAD: Plot and Title Map

7 LOW ROAD sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 7 LOW ROAD, 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 7 LOW ROAD). 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 7 LOW ROAD?

7 LOW ROAD is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 7 on LOW ROAD.