MILL VIEW, HILL TOP ROAD, NEWMILLERDAM, WAKEFIELD, WF2 6PY - £495,000

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 VIEW is a very large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £495,000 in January 2022, which was around 73% above the average January 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Both of the two MILL VIEW 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
2022 7 JAN	£495,000	£286,897	73% above HPI
2012 27 JUL	£317,500	£190,048	67% above HPI

MILL VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The two MILL VIEW sales from July 2012 and January 2022 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 July 2012 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the January 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is MILL VIEW?

MILL VIEW is 146m² according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where MILL VIEW lies on this distribution: 81% of detached houses are smaller than MILL VIEW, and 19% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of MILL VIEW, 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 VIEW). 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 VIEW?

MILL VIEW is located on HILL TOP ROAD in NEWMILLERDAM, in the WF2 postcode district. The below map shows the position of MILL VIEW on HILL TOP ROAD.