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
12 MILLFIELD is a large detached house of 117m², built sometime between 2003 and 2006. It was last sold for £235,000 in January 2019, which was around 43% above the average January 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 12 MILLFIELD since 1st 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. Two of the three 12 MILLFIELD sales were for above the average price, whilst one was 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 31 JAN | £235,000 | £164,649 | 43% above HPI |
2018 2 MAY | £4,500 | £165,135 | 97% below HPI |
2004 29 OCT | £249,950 | £157,634 | 59% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 12 MILLFIELD sales between October 2004 and January 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 May 2018 sale was for 97% below the HPI. So the extrapolation line tracks at 97% below the HPI over time, until the January 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
12 MILLFIELD is 117m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 12 MILLFIELD lies on this distribution: 61% of detached houses are smaller than 12 MILLFIELD, and 39% of houses are larger. Note that EPC data is not available for all properties in Consett.
12 MILLFIELD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 12 MILLFIELD, 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 12 MILLFIELD). 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.
12 MILLFIELD is located in TEMPLETOWN, in the DH8 postcode district. The below map shows the position of No. 12 on MILLFIELD.