2, HIGH MILL ROAD, HAMSTERLEY MILL, ROWLANDS GILL, NE39 1HE - £485,000

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

2 HIGH MILL ROAD is a small extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2017, which was around 186% above the average October 2017 detached price in the County Durham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 HIGH MILL ROAD Sold Prices

Land registry data shows two sales for 2 HIGH MILL ROAD 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. Both of the two 2 HIGH MILL ROAD 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
2017 9 OCT	£485,000	£169,518	186% above HPI
2013 20 SEP	£249,950	£162,432	54% above HPI

2 HIGH MILL ROAD 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 2 HIGH MILL ROAD sales from September 2013 and October 2017 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 September 2013 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2017 sale, where it rises to 186% above the HPI. The line then continues to track at 186% above the HPI.

How Large is 2 HIGH MILL ROAD?

2 HIGH MILL ROAD is 138m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Hamsterley Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Hamsterley Mill, and where 2 HIGH MILL ROAD lies on this distribution: 20% of detached houses are smaller than 2 HIGH MILL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Hamsterley Mill.

2 HIGH MILL ROAD: Plot and Title Map

2 HIGH MILL ROAD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 2 HIGH MILL ROAD, 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 2 HIGH MILL ROAD). 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 2 HIGH MILL ROAD?

2 HIGH MILL ROAD is located in HAMSTERLEY MILL, in the NE39 postcode district. The below map shows the position of No. 2 on HIGH MILL ROAD.