15, MILLBANK, HEIGHINGTON VILLAGE, NEWTON AYCLIFFE, DL5 6RF - £200,000

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 MILLBANK is a small detached house of 103m², built sometime between 1930 and 1949. It was last sold for £200,000 in March 2024, which was around 22% below the average March 2024 detached price in the Darlington local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

15 MILLBANK Sold Prices

Land registry data shows two sales for 15 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 15 MILLBANK sales were 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
2024 22 MAR	£200,000	£257,975	22% below HPI
2004 7 APR	£130,000	£170,751	24% below HPI

15 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 15 MILLBANK sales from April 2004 and March 2024 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 April 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 MILLBANK?

15 MILLBANK is 103m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where 15 MILLBANK lies on this distribution: 28% of detached houses are smaller than 15 MILLBANK, and 72% of houses are larger. Note that EPC data is not available for all properties in Heighington.

15 MILLBANK: Plot and Title Map

15 MILLBANK sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 15 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 15 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 15 MILLBANK?

15 MILLBANK is located in HEIGHINGTON VILLAGE, in the DL5 postcode district. The below map shows the position of No. 15 on MILLBANK.