5, MILL VIEW RISE, PRUDHOE, NE42 5QX - £370,000

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.

5 MILL VIEW RISE is a large extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £394,539. It was last sold for £370,000 in November 2022, which was around 10% above the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was B.

5 MILL VIEW RISE Sold Prices

Land registry data shows four sales for 5 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 5 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
2022 11 NOV	£370,000	£337,411	10% above HPI
2017 21 JUL	£271,000	£259,262	5% above HPI
2004 6 FEB	£280,000	£188,134	49% above HPI
2000 17 MAR	£129,950	£99,327	31% above HPI

5 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 5 MILL VIEW RISE sales between March 2000 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 July 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 MILL VIEW RISE be worth now?

5 MILL VIEW RISE might now be worth an estimated £394,539.

This is based on house price inflation of 6.6%, between November 2022 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 6.6% inflationary increase is applied to the most recent sale price for 5 MILL VIEW RISE of £370,000 on 11th November 2022. For the value to have increased from £370,000 to £394,539 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 MILL VIEW RISE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL VIEW RISE has not materially changed since November 2022.

How Large is 5 MILL VIEW RISE?

5 MILL VIEW RISE is 129m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 5 MILL VIEW RISE lies on this distribution: 66% of detached houses houses are smaller than 5 MILL VIEW RISE, and 33% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

5 MILL VIEW RISE: Plot and Title Map

5 MILL VIEW RISE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 5 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 5 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 5 MILL VIEW RISE?

5 MILL VIEW RISE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 5 on MILL VIEW RISE.