Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
42 MILLFIELDS is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £126,000 in November 2016, which was around 23% below the average November 2016 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 MILLFIELDS since 1st 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. Two of the three 42 MILLFIELDS sales were for below the average price, whilst one was 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 |
---|---|---|---|
2016 7 NOV | £126,000 | £163,106 | 23% below HPI |
2005 30 NOV | £187,000 | £174,018 | 7% above HPI |
2002 4 OCT | £95,000 | £98,064 | 3% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 42 MILLFIELDS sales between October 2002 and November 2016 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
42 MILLFIELDS is 66m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Aycliffe, and where 42 MILLFIELDS lies on this distribution: 6% of detached houses are smaller than 42 MILLFIELDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.
42 MILLFIELDS sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 42 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 42 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.
42 MILLFIELDS is located in AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 42 on MILLFIELDS.