2, MILLFORD WAY, BOWBURN, DURHAM, DH6 5DE - £120,000

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.

2 MILLFORD WAY is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £171,036. It was last sold for £120,000 in November 2016, which was around 26% above the average November 2016 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 MILLFORD WAY Sold Prices

Land registry data shows four sales for 2 MILLFORD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 2 MILLFORD WAY 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
2016 17 NOV	£120,000	£95,531	26% above HPI
2008 25 APR	£116,000	£112,729	3% above HPI
1998 31 JUL	£47,000	£40,256	17% above HPI
1997 4 APR	£48,000	£37,608	28% above HPI

2 MILLFORD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 2 MILLFORD WAY sales between April 1997 and November 2016 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 April 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 MILLFORD WAY be worth now?

2 MILLFORD WAY might now be worth an estimated £171,036.

This is based on house price inflation of 42.5%, between November 2016 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for 2 MILLFORD WAY of £120,000 on 17th November 2016. For the value to have increased from £120,000 to £171,036 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MILLFORD WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2016 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLFORD WAY has not materially changed since November 2016.

How Large is 2 MILLFORD WAY?

2 MILLFORD WAY is 71m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Bowburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bowburn, and where 2 MILLFORD WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 2 MILLFORD WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

2 MILLFORD WAY: Plot and Title Map

2 MILLFORD WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 MILLFORD WAY, 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 2 MILLFORD WAY). 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 2 MILLFORD WAY?

2 MILLFORD WAY is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 2 on MILLFORD WAY.