13, MILLBANK, HEIGHINGTON VILLAGE, NEWTON AYCLIFFE, DL5 6RF - £350,000

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.

13 MILLBANK is a very large extended detached house of 164m², built sometime before 1900, which could now be worth an estimated £495,562. It was last sold for £350,000 in June 2009, which was around 75% above the average June 2009 detached price in the Darlington local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

13 MILLBANK Sold Prices

Land registry data shows two sales for 13 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 13 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
2009 5 JUN	£350,000	£200,060	75% above HPI
2002 23 SEP	£230,000	£123,832	86% above HPI

13 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 13 MILLBANK sales from September 2002 and June 2009 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 2002 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2009 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 13 MILLBANK be worth now?

13 MILLBANK might now be worth an estimated £495,562.

This is based on house price inflation of 41.6%, between June 2009 and February 2025, for detached 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 41.6% inflationary increase is applied to the most recent sale price for 13 MILLBANK of £350,000 on 5th June 2009. For the value to have increased from £350,000 to £495,562 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 13 MILLBANK has moved in line with the HPI for detached houses in the Darlington local authority area.
• The June 2009 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MILLBANK has not materially changed since June 2009.

How Large is 13 MILLBANK?

13 MILLBANK is 164m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heighington, and where 13 MILLBANK lies on this distribution: 86% of detached houses houses are smaller than 13 MILLBANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Heighington.

13 MILLBANK: Plot and Title Map

13 MILLBANK sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 13 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 13 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 13 MILLBANK?

13 MILLBANK is located in HEIGHINGTON VILLAGE, in the DL5 postcode district. The below map shows the position of No. 13 on MILLBANK.