53, REDMIRE CLOSE, DARLINGTON, DL1 2GL - £72,000

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.

53 REDMIRE CLOSE is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £94,536. It was last sold for £72,000 in February 2019, which was around 24% below the average February 2019 terraced price in the Darlington local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

53 REDMIRE CLOSE Sold Prices

Land registry data shows four sales for 53 REDMIRE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Darlington local authority area for the corresponding sale date. The four 53 REDMIRE CLOSE sales were a mix of below the average price, and roughly equal to 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 18 FEB	£72,000	£95,199	24% below HPI
2005 20 OCT	£89,000	£91,351	3% below HPI
1999 1 NOV	£33,000	£35,502	7% below HPI
1999 23 JUL	£34,500	£34,393	Close to HPI

53 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 four 53 REDMIRE CLOSE sales between July 1999 and February 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 October 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 53 REDMIRE CLOSE be worth now?

53 REDMIRE CLOSE might now be worth an estimated £94,536.

This is based on house price inflation of 31.3%, between February 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 31.3% inflationary increase is applied to the most recent sale price for 53 REDMIRE CLOSE of £72,000 on 18th February 2019. For the value to have increased from £72,000 to £94,536 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 53 REDMIRE CLOSE has moved in line with the HPI for terraced houses in the Darlington local authority area.
• The February 2019 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 53 REDMIRE CLOSE has not materially changed since February 2019.

How Large is 53 REDMIRE CLOSE?

53 REDMIRE CLOSE is 46m² according to the EPC inspection conducted in April 2018. 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 53 REDMIRE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 53 REDMIRE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Darlington.

53 REDMIRE CLOSE: Plot and Title Map

53 REDMIRE CLOSE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 53 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 53 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 53 REDMIRE CLOSE?

53 REDMIRE CLOSE is located in DARLINGTON, in the DL1 postcode district. The below map shows the position of No. 53 on REDMIRE CLOSE.