8, GREENSFIELD CLOSE, FAVERDALE, DARLINGTON, DL3 0ED - £166,000

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

8 GREENSFIELD CLOSE is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £166,000 in August 2010, which was around 20% below the average August 2010 detached price in the Darlington local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

8 GREENSFIELD CLOSE Sold Prices

Land registry data shows five sales for 8 GREENSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the five 8 GREENSFIELD 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
2010 27 AUG	£166,000	£206,745	20% below HPI
2006 17 MAR	£168,500	£201,579	16% below HPI
2002 11 OCT	£109,000	£123,972	12% below HPI
1999 17 DEC	£76,250	£91,054	16% below HPI
1998 31 JUL	£73,950	£86,301	14% below HPI

8 GREENSFIELD 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 five 8 GREENSFIELD CLOSE sales between July 1998 and August 2010 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 March 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2010 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 GREENSFIELD CLOSE be worth now?

8 GREENSFIELD CLOSE might now be worth an estimated £225,425.

This is based on house price inflation of 35.8%, between August 2010 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 35.8% inflationary increase is applied to the most recent sale price for 8 GREENSFIELD CLOSE of £166,000 on 27th August 2010. For the value to have increased from £166,000 to £225,425 over the thirteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 GREENSFIELD CLOSE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The August 2010 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREENSFIELD CLOSE has not materially changed since August 2010.

How Large is 8 GREENSFIELD CLOSE?

8 GREENSFIELD CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% 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 8 GREENSFIELD CLOSE lies on this distribution: 32% of detached houses houses are smaller than 8 GREENSFIELD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Darlington.

8 GREENSFIELD CLOSE: Plot and Title Map

8 GREENSFIELD CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 8 GREENSFIELD 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 GREENSFIELD 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 GREENSFIELD CLOSE?

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