4, MILL FARM, ELLINGTON, MORPETH, NE61 5BW - £240,000

4 MILL FARM is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £240,000 in November 2012, which was around 4% above the average November 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was A.

4 MILL FARM Sold Prices

Land registry data shows three sales for 4 MILL FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 4 MILL 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
2012 21 NOV	£240,000	£231,739	4% above HPI
2005 25 NOV	£320,000	£234,882	36% above HPI
2003 24 SEP	£245,000	£178,451	37% above HPI

4 MILL FARM 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 three 4 MILL FARM sales between September 2003 and November 2012 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 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 MILL FARM?

4 MILL FARM is 51m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where 4 MILL FARM lies on this distribution: 1% of detached houses are smaller than 4 MILL FARM, and 98% of houses are larger. Note that EPC data is not available for all properties in Ellington.

4 MILL FARM: Plot and Title Map

4 MILL FARM sits on a plot of roughly 483.0 acres, or 1,954,563m². The below map shows the location of 4 MILL 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 4 MILL 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 4 MILL FARM?

4 MILL FARM is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of No. 4 on MILL FARM.