8, CHANTRY CLOSE, FAVERDALE, DARLINGTON, DL3 0BG - £250,000

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

8 CHANTRY CLOSE is a very small detached house of 43m², built sometime between 1996 and 2002. It was last sold for £250,000 in July 2022, which was around 5% below the average July 2022 detached price in the Darlington local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 CHANTRY CLOSE Sold Prices

Land registry data shows two sales for 8 CHANTRY CLOSE 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. One of the two 8 CHANTRY CLOSE sales was for below the average price, whilst the other was for above 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 27 JUL	£250,000	£262,540	5% below HPI
1997 26 SEP	£84,950	£81,471	4% above HPI

8 CHANTRY 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 two 8 CHANTRY CLOSE sales from September 1997 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 September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 CHANTRY CLOSE?

8 CHANTRY CLOSE is 43m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Darlington, based on EPC data. The below chart shows the distribution of detached houses by size in Darlington, and where 8 CHANTRY CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 CHANTRY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Darlington.

8 CHANTRY CLOSE: Plot and Title Map

8 CHANTRY CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 CHANTRY 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 8 CHANTRY 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 8 CHANTRY CLOSE?

8 CHANTRY CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 8 on CHANTRY CLOSE.