2, MILLFIELD GARDENS, HEXHAM, NE46 3EG - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILLFIELD GARDENS is a very small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £210,000 in November 2019, which was around 18% below the average November 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 MILLFIELD GARDENS Sold Prices

Land registry data shows two sales for 2 MILLFIELD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 MILLFIELD GARDENS 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
2019 27 NOV	£210,000	£254,611	18% below HPI
1997 29 JUL	£73,000	£88,200	17% below HPI

2 MILLFIELD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 2 MILLFIELD GARDENS sales from July 1997 and November 2019 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 July 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 MILLFIELD GARDENS?

2 MILLFIELD GARDENS is 101m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 2 MILLFIELD GARDENS lies on this distribution: 16% of detached houses are smaller than 2 MILLFIELD GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Hexham.

2 MILLFIELD GARDENS: Plot and Title Map

2 MILLFIELD GARDENS sits on a plot of roughly 80.3 acres, or 324,929m². The below map shows the location of 2 MILLFIELD GARDENS, 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 MILLFIELD GARDENS). 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 MILLFIELD GARDENS?

2 MILLFIELD GARDENS is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 2 on MILLFIELD GARDENS.