26, MILLBANK ROAD, BEDLINGTON, NE22 5AX - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 MILLBANK ROAD is a midsized detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £226,579. It was last sold for £150,000 in May 2006, which was around 38% below the average May 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

26 MILLBANK ROAD Sold Prices

Land registry data shows four sales for 26 MILLBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 26 MILLBANK ROAD 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
2006 26 MAY	£150,000	£242,890	38% below HPI
2005 15 JUL	£149,995	£234,088	36% below HPI
2003 18 MAR	£18,000	£148,208	88% below HPI
1997 7 NOV	£12,500	£90,359	86% below HPI

26 MILLBANK ROAD 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 four 26 MILLBANK ROAD sales between November 1997 and May 2006 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2006 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 26 MILLBANK ROAD be worth now?

26 MILLBANK ROAD might now be worth an estimated £226,579.

This is based on house price inflation of 51.1%, between May 2006 and March 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.1% inflationary increase is applied to the most recent sale price for 26 MILLBANK ROAD of £150,000 on 26th May 2006. For the value to have increased from £150,000 to £226,579 over the nineteen years and two months to March 2025, the following assumptions must hold true:

• The value of 26 MILLBANK ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2006 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MILLBANK ROAD has not materially changed since May 2006.

How Large is 26 MILLBANK ROAD?

26 MILLBANK ROAD is 109m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedlington, and where 26 MILLBANK ROAD lies on this distribution: 48% of detached houses houses are smaller than 26 MILLBANK ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

26 MILLBANK ROAD: Plot and Title Map

26 MILLBANK ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 26 MILLBANK 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 26 MILLBANK 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 26 MILLBANK ROAD?

26 MILLBANK ROAD is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 26 on MILLBANK ROAD.