9, THE PADDOCKS, GAINFORD, DARLINGTON, DL2 3GA - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 THE PADDOCKS is a very small detached house of 76m², built sometime before 1900, which could now be worth an estimated £397,578. It was last sold for £320,000 in February 2021, which was around 68% above the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

9 THE PADDOCKS Sold Prices

Land registry data shows three sales for 9 THE PADDOCKS 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 9 THE PADDOCKS sales were 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
2021 17 FEB	£320,000	£190,082	68% above HPI
2013 4 JAN	£295,000	£163,239	81% above HPI
2003 21 NOV	£284,000	£126,991	124% above HPI

9 THE PADDOCKS 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 9 THE PADDOCKS sales between November 2003 and February 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 January 2013 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 9 THE PADDOCKS be worth now?

9 THE PADDOCKS might now be worth an estimated £397,578.

This is based on house price inflation of 24.2%, between February 2021 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.2% inflationary increase is applied to the most recent sale price for 9 THE PADDOCKS of £320,000 on 17th February 2021. For the value to have increased from £320,000 to £397,578 over the four years to February 2025, the following assumptions must hold true:

• The value of 9 THE PADDOCKS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE PADDOCKS has not materially changed since February 2021.

How Large is 9 THE PADDOCKS?

9 THE PADDOCKS is 76m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainford, and where 9 THE PADDOCKS lies on this distribution: 15% of detached houses houses are smaller than 9 THE PADDOCKS, and 85% of houses are larger. Note that EPC data is not available for all properties in Gainford.

9 THE PADDOCKS: Plot and Title Map

9 THE PADDOCKS sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 9 THE PADDOCKS, 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 9 THE PADDOCKS). 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 9 THE PADDOCKS?

9 THE PADDOCKS is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 9 on THE PADDOCKS.