MILLFIELD HOUSE, MILLFIELD GARDENS, HEXHAM, NE46 3EG - £750,000

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

MILLFIELD HOUSE is a very large extended detached house of 379m², built sometime before 1900. It was last sold for £750,000 in February 2018, which was around 191% above the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

MILLFIELD HOUSE Sold Prices

Land registry data shows two sales for MILLFIELD HOUSE 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 MILLFIELD HOUSE 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
2018 14 FEB	£750,000	£257,745	191% above HPI
2009 10 DEC	£320,000	£242,364	32% above HPI

MILLFIELD HOUSE 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 MILLFIELD HOUSE sales from December 2009 and February 2018 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 December 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2018 sale, where it rises to 191% above the HPI. The line then continues to track at 191% above the HPI.

How Large is MILLFIELD HOUSE?

MILLFIELD HOUSE is 379m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where MILLFIELD HOUSE lies on this distribution: 99% of detached houses are smaller than MILLFIELD HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Hexham.

MILLFIELD HOUSE: Plot and Title Map

MILLFIELD HOUSE sits on a plot of roughly 2.6 acres, or 10,583m². The below map shows the location of MILLFIELD HOUSE, 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 MILLFIELD HOUSE). 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 MILLFIELD HOUSE?

MILLFIELD HOUSE is located on MILLFIELD GARDENS in HEXHAM, in the NE46 postcode district. The below map shows the position of MILLFIELD HOUSE on MILLFIELD GARDENS.