29, MILLFIELDS, AYCLIFFE, NEWTON AYCLIFFE, DL5 6ND - £235,500

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.

29 MILLFIELDS is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £318,862. It was last sold for £235,500 in August 2018, which was around 35% above the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

29 MILLFIELDS Sold Prices

Land registry data shows four sales for 29 MILLFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. two of the four 29 MILLFIELDS sales were for above the average price, and four 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
2018 17 AUG	£235,500	£174,422	35% above HPI
2016 10 JUN	£145,000	£164,132	12% below HPI
2007 11 MAY	£190,000	£188,648	1% above HPI
2006 15 DEC	£140,000	£188,280	26% below HPI

29 MILLFIELDS 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 four 29 MILLFIELDS sales between December 2006 and August 2018 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 June 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 29 MILLFIELDS be worth now?

29 MILLFIELDS might now be worth an estimated £318,862.

This is based on house price inflation of 35.4%, between August 2018 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 29 MILLFIELDS of £235,500 on 17th August 2018. For the value to have increased from £235,500 to £318,862 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 29 MILLFIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2018 sale price of £235,500 represented a fair market value for the property.
• The size, condition, and specification of 29 MILLFIELDS has not materially changed since August 2018.

How Large is 29 MILLFIELDS?

29 MILLFIELDS is 82m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Aycliffe, and where 29 MILLFIELDS lies on this distribution: 20% of detached houses houses are smaller than 29 MILLFIELDS, and 79% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

29 MILLFIELDS: Plot and Title Map

29 MILLFIELDS sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 29 MILLFIELDS, 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 29 MILLFIELDS). 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 29 MILLFIELDS?

29 MILLFIELDS is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 29 on MILLFIELDS.