NORTH RISE, GAINFORD, DARLINGTON, DL2 3EU - £290,000

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

NORTH RISE is a midsized detached house of 104m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2014, which was around 83% above the average September 2014 detached price in the County Durham local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

NORTH RISE Sold Prices

Land registry data shows three sales for NORTH RISE 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 NORTH RISE 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
2014 29 SEP	£290,000	£158,192	83% above HPI
2013 4 OCT	£270,000	£158,490	70% above HPI
2008 28 JUL	£285,000	£190,975	49% above HPI

NORTH RISE 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 NORTH RISE sales between July 2008 and September 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 October 2013 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2014 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is NORTH RISE?

NORTH RISE is 104m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses by size in Gainford, and where NORTH RISE lies on this distribution: 46% of detached houses are smaller than NORTH RISE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gainford.

NORTH RISE: Plot and Title Map

NORTH RISE sits on a plot of roughly 0.249 of an acre, or 1,006m². The below map shows the location of NORTH RISE, 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 NORTH RISE). 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 NORTH RISE?

NORTH RISE is located in GAINFORD, in the DL2 postcode district. The below map shows the position of NORTH RISE in GAINFORD.