7, MILLFIELD ROAD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QA - £830,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 MILLFIELD ROAD is a very large extended detached house of 219m², built sometime between 1900 and 1929. It was last sold for £830,000 in July 2019, which was around 248% above the average July 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

7 MILLFIELD ROAD Sold Prices

Land registry data shows two sales for 7 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 7 MILLFIELD ROAD 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 16 JUL	£830,000	£238,400	248% above HPI
2001 29 JUN	£360,000	£94,253	282% above HPI

7 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 7 MILLFIELD ROAD sales from June 2001 and July 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 June 2001 sale was for 282% above the HPI. So the extrapolation line tracks at 282% above the HPI over time, until the July 2019 sale, where it falls to 248% above the HPI. The line then continues to track at 248% above the HPI.

How Large is 7 MILLFIELD ROAD?

7 MILLFIELD ROAD is 219m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 7 MILLFIELD ROAD lies on this distribution: 93% of detached houses are smaller than 7 MILLFIELD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Whickham.

7 MILLFIELD ROAD: Plot and Title Map

7 MILLFIELD ROAD sits on a plot of roughly 0.482 of an acre, or 1,950m². The below map shows the location of 7 MILLFIELD ROAD, 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 MILLFIELD ROAD). 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 MILLFIELD ROAD?

7 MILLFIELD ROAD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 7 on MILLFIELD ROAD.