MILL HAVEN, TOW HOUSE, HEXHAM, NE47 7EG - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILL HAVEN is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £335,000 in February 2021, which was around 18% above the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was D.

MILL HAVEN Sold Prices

Land registry data shows two sales for MILL HAVEN 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 MILL HAVEN 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
2021 22 FEB	£335,000	£283,940	18% above HPI
2009 28 AUG	£238,000	£234,553	1% above HPI

MILL HAVEN 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 MILL HAVEN sales from August 2009 and February 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 August 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MILL HAVEN?

MILL HAVEN is 115m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where MILL HAVEN lies on this distribution: 54% of detached houses are smaller than MILL HAVEN, and 43% of houses are larger. Note that EPC data is not available for all properties in Redburn.

MILL HAVEN: Plot and Title Map

MILL HAVEN sits on a plot of roughly 0.332 of an acre, or 1,342m². The below map shows the location of MILL HAVEN, 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 MILL HAVEN). 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 MILL HAVEN?

MILL HAVEN is located in TOW HOUSE, in the NE47 postcode district. The below map shows the position of MILL HAVEN in TOW HOUSE.