31, REDMIRE CLOSE, DARLINGTON, DL1 2GL - £62,000

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.

31 REDMIRE CLOSE is a very small terraced house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £80,482. It was last sold for £62,000 in October 2019, which was around 36% below the average October 2019 terraced price in the Darlington local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

31 REDMIRE CLOSE Sold Prices

Land registry data shows two sales for 31 REDMIRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Darlington local authority area for the corresponding sale date. Both of the two 31 REDMIRE 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
2019 4 OCT	£62,000	£96,292	36% below HPI
2015 10 APR	£65,000	£87,052	25% below HPI

31 REDMIRE CLOSE 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 two 31 REDMIRE CLOSE sales from April 2015 and October 2019 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 31 REDMIRE CLOSE be worth now?

31 REDMIRE CLOSE might now be worth an estimated £80,482.

This is based on house price inflation of 29.8%, between October 2019 and June 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 29.8% inflationary increase is applied to the most recent sale price for 31 REDMIRE CLOSE of £62,000 on 4th October 2019. For the value to have increased from £62,000 to £80,482 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 31 REDMIRE CLOSE has moved in line with the HPI for terraced houses in the Darlington local authority area.
• The October 2019 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 31 REDMIRE CLOSE has not materially changed since October 2019.

How Large is 31 REDMIRE CLOSE?

31 REDMIRE CLOSE is 51m² according to the EPC inspection conducted in March 2017. 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 31 REDMIRE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 31 REDMIRE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Darlington.

31 REDMIRE CLOSE: Plot and Title Map

31 REDMIRE CLOSE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 31 REDMIRE 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 31 REDMIRE 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 31 REDMIRE CLOSE?

31 REDMIRE CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 31 on REDMIRE CLOSE.