21, MILLFIELD ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QA - £665,000

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

21 MILLFIELD ROAD is a very large extended detached house of 468m², built sometime before 1900, which could now be worth an estimated £922,054. It was last sold for £665,000 in March 2015, which was around 222% above the average March 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

21 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 21 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 21 MILLFIELD 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
2015 17 MAR	£665,000	£206,358	222% above HPI
2003 27 FEB	£600,000	£121,574	394% above HPI
1999 5 MAY	£242,000	£78,417	209% above HPI

21 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 21 MILLFIELD ROAD sales between May 1999 and March 2015 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 February 2003 sale was for 394% above the HPI. So the extrapolation line tracks at 394% above the HPI over time, until the March 2015 sale, where it falls to 222% above the HPI. The line then continues to track at 222% above the HPI.

What might 21 MILLFIELD ROAD be worth now?

21 MILLFIELD ROAD might now be worth an estimated £922,054.

This is based on house price inflation of 38.7%, between March 2015 and December 2024, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.7% inflationary increase is applied to the most recent sale price for 21 MILLFIELD ROAD of £665,000 on 17th March 2015. For the value to have increased from £665,000 to £922,054 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 21 MILLFIELD ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2015 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MILLFIELD ROAD has not materially changed since March 2015.

How Large is 21 MILLFIELD ROAD?

21 MILLFIELD ROAD is 468m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 21 MILLFIELD ROAD lies on this distribution: More than 99% of detached houses houses are smaller than 21 MILLFIELD ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Whickham.

21 MILLFIELD ROAD: Plot and Title Map

21 MILLFIELD ROAD sits on a plot of roughly 0.449 of an acre, or 1,817m². The below map shows the location of 21 MILLFIELD 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 21 MILLFIELD 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 21 MILLFIELD ROAD?

21 MILLFIELD ROAD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 21 on MILLFIELD ROAD.