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

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

3 MILL VIEW RISE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £289,950 in March 2020, which was around 12% 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	£259,856	12% above HPI
2005 18 NOV	£250,000	£234,882	6% above HPI
2001 27 JUL	£130,000	£110,740	17% above HPI
1999 26 NOV	£115,000	£100,470	14% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

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 in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 3 MILL VIEW RISE lies on this distribution: 54% of detached 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.