16, MILLCLOSE WALK, SEDGEFIELD, STOCKTON-ON-TEES, TS21 3NS - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 MILLCLOSE WALK is a small detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £346,782. It was last sold for £243,000 in August 2012, which was around 47% above the average August 2012 detached price in the County Durham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

16 MILLCLOSE WALK Sold Prices

Land registry data shows three sales for 16 MILLCLOSE WALK since 1^st 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. All of the three 16 MILLCLOSE WALK 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
2012 21 AUG	£243,000	£165,487	47% above HPI
2006 20 OCT	£246,000	£188,045	31% above HPI
2003 29 AUG	£180,000	£121,834	48% above HPI

16 MILLCLOSE WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 16 MILLCLOSE WALK sales between August 2003 and August 2012 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 October 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2012 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 16 MILLCLOSE WALK be worth now?

16 MILLCLOSE WALK might now be worth an estimated £346,782.

This is based on house price inflation of 42.7%, between August 2012 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 16 MILLCLOSE WALK of £243,000 on 21st August 2012. For the value to have increased from £243,000 to £346,782 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 16 MILLCLOSE WALK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2012 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILLCLOSE WALK has not materially changed since August 2012.

How Large is 16 MILLCLOSE WALK?

16 MILLCLOSE WALK is 120m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgefield, and where 16 MILLCLOSE WALK lies on this distribution: 39% of detached houses houses are smaller than 16 MILLCLOSE WALK, and 61% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

16 MILLCLOSE WALK: Plot and Title Map

16 MILLCLOSE WALK sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 16 MILLCLOSE WALK, 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 16 MILLCLOSE WALK). 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 16 MILLCLOSE WALK?

16 MILLCLOSE WALK is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 16 on MILLCLOSE WALK.