8, RICHMOND WAY, DARLINGTON, DL1 4RL - £136,000

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

8 RICHMOND WAY is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £136,000 in February 2014, which was around 33% below the average February 2014 detached price in the Darlington local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

8 RICHMOND WAY Sold Prices

Land registry data shows three sales for 8 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the three 8 RICHMOND WAY 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
2014 7 FEB	£136,000	£202,529	33% below HPI
2012 19 NOV	£124,950	£192,535	35% below HPI
2008 27 JUN	£197,000	£224,343	12% below HPI

8 RICHMOND WAY 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 three 8 RICHMOND WAY sales between June 2008 and February 2014 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 November 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 RICHMOND WAY?

8 RICHMOND WAY is 97m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 RICHMOND WAY lies on this distribution: 35% of detached houses are smaller than 8 RICHMOND WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Darlington.

8 RICHMOND WAY: Plot and Title Map

8 RICHMOND WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 RICHMOND WAY, 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 RICHMOND WAY). 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 RICHMOND WAY?

8 RICHMOND WAY is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 8 on RICHMOND WAY.