MILLDENE FARM, SIMONSIDE VIEW, JARROW, NE32 5TS - £239,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILLDENE FARM is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £368,276. It was last sold for £239,950 in September 2011, which was around 21% above the average September 2011 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

MILLDENE FARM Sold Prices

Land registry data shows two sales for MILLDENE 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 South Tyneside local authority area for the corresponding sale date. Both of the two MILLDENE 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
2011 23 SEP	£239,950	£198,146	21% above HPI
2007 16 NOV	£295,000	£236,464	25% above HPI

MILLDENE FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two MILLDENE FARM sales from November 2007 and September 2011 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2011 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might MILLDENE FARM be worth now?

MILLDENE FARM might now be worth an estimated £368,276.

This is based on house price inflation of 53.5%, between September 2011 and December 2024, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.5% inflationary increase is applied to the most recent sale price for MILLDENE FARM of £239,950 on 23rd September 2011. For the value to have increased from £239,950 to £368,276 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of MILLDENE FARM has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The September 2011 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of MILLDENE FARM has not materially changed since September 2011.

How Large is MILLDENE FARM?

MILLDENE FARM is 76m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Jarrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jarrow, and where MILLDENE FARM lies on this distribution: 7% of detached houses houses are smaller than MILLDENE FARM, and 93% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

MILLDENE FARM: Plot and Title Map

MILLDENE FARM sits on a plot of roughly 0.792 of an acre, or 3,204m². The below map shows the location of MILLDENE 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 MILLDENE 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 MILLDENE FARM?

MILLDENE FARM is located on SIMONSIDE VIEW in JARROW, in the NE32 postcode district. The below map shows the position of MILLDENE FARM on SIMONSIDE VIEW.