18, MILLFIELD, TEMPLETOWN, CONSETT, DH8 7NZ - £150,000

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

18 MILLFIELD is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £150,000 in February 2009, which was around 9% below the average February 2009 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

18 MILLFIELD Sold Prices

Land registry data shows two sales for 18 MILLFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 18 MILLFIELD sales was for below the average price, whilst the other was 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 17 FEB	£150,000	£165,026	9% below HPI
2004 26 NOV	£177,000	£158,649	12% above HPI

18 MILLFIELD 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 two 18 MILLFIELD sales from November 2004 and February 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 November 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2009 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 MILLFIELD?

18 MILLFIELD is 103m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 18 MILLFIELD lies on this distribution: 39% of detached houses are smaller than 18 MILLFIELD, and 60% of houses are larger. Note that EPC data is not available for all properties in Consett.

18 MILLFIELD: Plot and Title Map

18 MILLFIELD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 18 MILLFIELD, 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 18 MILLFIELD). 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 18 MILLFIELD?

18 MILLFIELD is located in TEMPLETOWN, in the DH8 postcode district. The below map shows the position of No. 18 on MILLFIELD.