3, OLD FAVOURITES WALK, DARLINGTON, DL2 2FJ - £145,000

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.

3 OLD FAVOURITES WALK is a very small terraced house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £198,217. It was last sold for £145,000 in August 2020, which was around 51% above the average August 2020 terraced price in the Darlington local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 OLD FAVOURITES WALK Sold Prices

Land registry data shows three sales for 3 OLD FAVOURITES WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Darlington local authority area for the corresponding sale date. All of the three 3 OLD FAVOURITES WALK 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
2020 28 AUG	£145,000	£95,822	51% above HPI
2020 21 AUG	£150,000	£95,822	57% above HPI
2006 12 MAY	£155,000	£96,946	60% above HPI

3 OLD FAVOURITES WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Darlington local authority area over time, sourced from the HPI. The three 3 OLD FAVOURITES WALK sales between May 2006 and August 2020 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 August 2020 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 OLD FAVOURITES WALK be worth now?

3 OLD FAVOURITES WALK might now be worth an estimated £198,217.

This is based on house price inflation of 36.7%, between August 2020 and August 2025, for terraced 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 36.7% inflationary increase is applied to the most recent sale price for 3 OLD FAVOURITES WALK of £145,000 on 28th August 2020. For the value to have increased from £145,000 to £198,217 over the five years to August 2025, the following assumptions must hold true:

• The value of 3 OLD FAVOURITES WALK has moved in line with the HPI for terraced houses in the Darlington local authority area.
• The August 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD FAVOURITES WALK has not materially changed since August 2020.

How Large is 3 OLD FAVOURITES WALK?

3 OLD FAVOURITES WALK is 76m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Darlington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Darlington, and where 3 OLD FAVOURITES WALK lies on this distribution: 9% of terraced houses houses are smaller than 3 OLD FAVOURITES WALK, and 91% of houses are larger. Note that EPC data is not available for all properties in Darlington.

3 OLD FAVOURITES WALK: Plot and Title Map

3 OLD FAVOURITES WALK sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 3 OLD FAVOURITES WALK, 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 3 OLD FAVOURITES WALK). 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 3 OLD FAVOURITES WALK?

3 OLD FAVOURITES WALK is located in DARLINGTON, in the DL2 postcode district. The below map shows the position of No. 3 on OLD FAVOURITES WALK.