10, MILLSIDE, MORPETH, NE61 1PN - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MILLSIDE is a small extended terraced house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £272,388. It was last sold for £210,000 in October 2020, which was around 65% above the average October 2020 terraced price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

10 MILLSIDE Sold Prices

Land registry data shows three sales for 10 MILLSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. All of the three 10 MILLSIDE 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
2020 5 OCT	£210,000	£127,202	65% above HPI
1998 30 JUN	£96,000	£37,675	155% above HPI
1996 12 DEC	£82,000	£35,107	134% above HPI

10 MILLSIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The three 10 MILLSIDE sales between December 1996 and October 2020 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 June 1998 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the October 2020 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 10 MILLSIDE be worth now?

10 MILLSIDE might now be worth an estimated £272,388.

This is based on house price inflation of 29.7%, between October 2020 and April 2026, for terraced houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 10 MILLSIDE of £210,000 on 5th October 2020. For the value to have increased from £210,000 to £272,388 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 10 MILLSIDE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The October 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILLSIDE has not materially changed since October 2020.

How Large is 10 MILLSIDE?

10 MILLSIDE is 106m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of terraced houses houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morpeth, and where 10 MILLSIDE lies on this distribution: 27% of terraced houses houses are smaller than 10 MILLSIDE, and 73% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

10 MILLSIDE: Plot and Title Map

10 MILLSIDE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 10 MILLSIDE, 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 10 MILLSIDE). 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 10 MILLSIDE?

10 MILLSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 10 on MILLSIDE.