7, MILLCLOSE WALK, SEDGEFIELD, STOCKTON-ON-TEES, TS21 3NS - £278,000

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.

7 MILLCLOSE WALK is a very small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £376,635. It was last sold for £278,000 in May 2019, which was around 59% above the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

7 MILLCLOSE WALK Sold Prices

Land registry data shows three sales for 7 MILLCLOSE WALK since 1^st 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. All of the three 7 MILLCLOSE WALK 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
2019 10 MAY	£278,000	£174,316	59% above HPI
2006 5 SEP	£235,000	£186,734	26% above HPI
2003 31 OCT	£182,000	£125,731	45% above HPI

7 MILLCLOSE WALK 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 three 7 MILLCLOSE WALK sales between October 2003 and May 2019 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 September 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 7 MILLCLOSE WALK be worth now?

7 MILLCLOSE WALK might now be worth an estimated £376,635.

This is based on house price inflation of 35.5%, between May 2019 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 35.5% inflationary increase is applied to the most recent sale price for 7 MILLCLOSE WALK of £278,000 on 10th May 2019. For the value to have increased from £278,000 to £376,635 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MILLCLOSE WALK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2019 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLCLOSE WALK has not materially changed since May 2019.

How Large is 7 MILLCLOSE WALK?

7 MILLCLOSE WALK is 81m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgefield, and where 7 MILLCLOSE WALK lies on this distribution: 6% of detached houses houses are smaller than 7 MILLCLOSE WALK, and 94% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

7 MILLCLOSE WALK: Plot and Title Map

7 MILLCLOSE WALK sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 MILLCLOSE WALK, 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 7 MILLCLOSE WALK). 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 7 MILLCLOSE WALK?

7 MILLCLOSE WALK is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 7 on MILLCLOSE WALK.