8, MILL FARM, ELLINGTON, MORPETH, NE61 5BW - £310,000

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

8 MILL FARM is a large detached house of 142m², built sometime between 1991 and 1995. It was last sold for £310,000 in May 2007, which was around 25% above the average May 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

8 MILL FARM Sold Prices

Land registry data shows two sales for 8 MILL FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 8 MILL FARM 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
2007 4 MAY	£310,000	£247,542	25% above HPI
1999 26 NOV	£119,000	£100,470	18% above HPI

8 MILL FARM 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 two 8 MILL FARM sales from November 1999 and May 2007 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 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2007 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 MILL FARM?

8 MILL FARM is 142m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where 8 MILL FARM lies on this distribution: 78% of detached houses are smaller than 8 MILL FARM, and 22% of houses are larger. Note that EPC data is not available for all properties in Ellington.

8 MILL FARM: Plot and Title Map

8 MILL FARM sits on a plot of roughly 483.0 acres, or 1,954,563m². The below map shows the location of 8 MILL FARM, 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 8 MILL FARM). 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 8 MILL FARM?

8 MILL FARM is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of No. 8 on MILL FARM.