1, MILLBANK, HEIGHINGTON VILLAGE, NEWTON AYCLIFFE, DL5 6RF - £265,000

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

1 MILLBANK is a midsized extended detached house of 117m², built sometime before 1900. It was last sold for £265,000 in September 2010, which was around 27% above the average September 2010 detached price in the Darlington local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

1 MILLBANK Sold Prices

Land registry data shows two sales for 1 MILLBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. Both of the two 1 MILLBANK 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
2010 6 SEP	£265,000	£208,907	27% above HPI
2000 29 SEP	£140,750	£93,822	50% above HPI

1 MILLBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two 1 MILLBANK sales from September 2000 and September 2010 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 September 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2010 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 1 MILLBANK?

1 MILLBANK is 117m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where 1 MILLBANK lies on this distribution: 47% of detached houses are smaller than 1 MILLBANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Heighington.

1 MILLBANK: Plot and Title Map

1 MILLBANK sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 MILLBANK, 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 1 MILLBANK). 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 1 MILLBANK?

1 MILLBANK is located in HEIGHINGTON VILLAGE, in the DL5 postcode district. The below map shows the position of No. 1 on MILLBANK.