3, MILL VIEW RISE, PRUDHOE, NE42 5QX - £289,950

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.

3 MILL VIEW RISE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £388,945. It was last sold for £289,950 in March 2020, which was around 8% above the average March 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 MILL VIEW RISE Sold Prices

Land registry data shows four sales for 3 MILL VIEW RISE 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 3 MILL VIEW RISE 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
2020 9 MAR	£289,950	£268,215	8% above HPI
2005 18 NOV	£250,000	£242,438	3% above HPI
2001 27 JUL	£130,000	£114,303	14% above HPI
1999 26 NOV	£115,000	£103,702	11% above HPI

3 MILL VIEW RISE 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 3 MILL VIEW RISE sales between November 1999 and March 2020 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 November 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 MILL VIEW RISE be worth now?

3 MILL VIEW RISE might now be worth an estimated £388,945.

This is based on house price inflation of 34.1%, between March 2020 and February 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 34.1% inflationary increase is applied to the most recent sale price for 3 MILL VIEW RISE of £289,950 on 9th March 2020. For the value to have increased from £289,950 to £388,945 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MILL VIEW RISE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2020 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL VIEW RISE has not materially changed since March 2020.

How Large is 3 MILL VIEW RISE?

3 MILL VIEW RISE is 120m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 3 MILL VIEW RISE lies on this distribution: 55% of detached houses houses are smaller than 3 MILL VIEW RISE, and 45% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

3 MILL VIEW RISE: Plot and Title Map

3 MILL VIEW RISE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 3 MILL VIEW RISE, 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 3 MILL VIEW RISE). 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 3 MILL VIEW RISE?

3 MILL VIEW RISE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 3 on MILL VIEW RISE.