5, MILLWOOD, CHILTON, FERRYHILL, DL17 0RR - £160,000

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 MILLWOOD is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £187,776. It was last sold for £160,000 in July 2021, which was around 20% below the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

5 MILLWOOD Sold Prices

Land registry data shows two sales for 5 MILLWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 5 MILLWOOD 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
2021 5 JUL	£160,000	£201,230	20% below HPI
2003 21 FEB	£88,950	£107,034	17% below HPI

5 MILLWOOD 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 two 5 MILLWOOD sales from February 2003 and July 2021 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 February 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 MILLWOOD be worth now?

5 MILLWOOD might now be worth an estimated £187,776.

This is based on house price inflation of 17.4%, between July 2021 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 5 MILLWOOD of £160,000 on 5th July 2021. For the value to have increased from £160,000 to £187,776 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MILLWOOD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLWOOD has not materially changed since July 2021.

How Large is 5 MILLWOOD?

5 MILLWOOD is 120m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses houses in Chilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilton, and where 5 MILLWOOD lies on this distribution: 68% of detached houses houses are smaller than 5 MILLWOOD, and 32% of houses are larger. Note that EPC data is not available for all properties in Chilton.

5 MILLWOOD: Plot and Title Map

5 MILLWOOD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5 MILLWOOD, 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 MILLWOOD). 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 MILLWOOD?

5 MILLWOOD is located in CHILTON, in the DL17 postcode district. The below map shows the position of No. 5 on MILLWOOD.