15, MILL FARM, ELLINGTON, MORPETH, NE61 5BW - £290,000

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

15 MILL FARM is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £290,000 in October 2016, which was around 16% above the average October 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

15 MILL FARM Sold Prices

Land registry data shows two sales for 15 MILL FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 15 MILL FARM sales was for above the average price, whilst the other 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
2016 28 OCT	£290,000	£249,591	16% above HPI
2013 5 DEC	£225,000	£229,709	2% below HPI

15 MILL FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 15 MILL FARM sales from December 2013 and October 2016 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 December 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 15 MILL FARM?

15 MILL FARM is 98m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where 15 MILL FARM lies on this distribution: 33% of detached houses are smaller than 15 MILL FARM, and 67% of houses are larger. Note that EPC data is not available for all properties in Ellington.

15 MILL FARM: Plot and Title Map

15 MILL FARM sits on a plot of roughly 483.0 acres, or 1,954,563m². The below map shows the location of 15 MILL FARM, 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 15 MILL FARM). 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 15 MILL FARM?

15 MILL FARM is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of No. 15 on MILL FARM.