29, MILLFORD WAY, BOWBURN, DURHAM, DH6 5DE - £130,000

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

29 MILLFORD WAY is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £130,000 in November 2022, which was around 40% below the average November 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

29 MILLFORD WAY Sold Prices

Land registry data shows three sales for 29 MILLFORD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 29 MILLFORD WAY 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
2022 1 NOV	£130,000	£216,842	40% below HPI
2005 2 JUN	£154,950	£166,772	7% below HPI
1999 23 APR	£64,000	£71,106	10% below HPI

29 MILLFORD WAY 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 three 29 MILLFORD WAY sales between April 1999 and November 2022 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 29 MILLFORD WAY?

29 MILLFORD WAY is 70m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 29 MILLFORD WAY lies on this distribution: 3% of detached houses are smaller than 29 MILLFORD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

29 MILLFORD WAY: Plot and Title Map

29 MILLFORD WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 29 MILLFORD WAY, 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 MILLFORD WAY). 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 MILLFORD WAY?

29 MILLFORD WAY is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 29 on MILLFORD WAY.