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

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.

15 MILLBANK is a small detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £221,917. 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	£255,287	22% below HPI
2004 7 APR	£130,000	£170,405	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.

What might 15 MILLBANK be worth now?

15 MILLBANK might now be worth an estimated £221,917.

This is based on house price inflation of 11%, between March 2024 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 11% inflationary increase is applied to the most recent sale price for 15 MILLBANK of £200,000 on 22nd March 2024. For the value to have increased from £200,000 to £221,917 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 15 MILLBANK has moved in line with the HPI for detached houses in the Darlington local authority area.
• The March 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILLBANK has not materially changed since March 2024.

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 houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heighington, and where 15 MILLBANK lies on this distribution: 28% of detached houses 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.