94, MILLER CLOSE, NEWCASTLE UPON TYNE, NE12 9ET - £195,000

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.

94 MILLER CLOSE is a very small detached house of 88m², which could now be worth an estimated £267,033. It was last sold for £195,000 in March 2017, which was around 27% below the average March 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2012, where the current energy rating was B, and the potential energy rating was B.

94 MILLER CLOSE Sold Prices

Land registry data shows two sales for 94 MILLER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 94 MILLER CLOSE sales were for below 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
2017 24 MAR	£195,000	£267,204	27% below HPI
2013 29 NOV	£193,495	£232,495	17% below HPI

94 MILLER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 94 MILLER CLOSE sales from November 2013 and March 2017 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 94 MILLER CLOSE be worth now?

94 MILLER CLOSE might now be worth an estimated £267,033.

This is based on house price inflation of 36.9%, between March 2017 and March 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.9% inflationary increase is applied to the most recent sale price for 94 MILLER CLOSE of £195,000 on 24th March 2017. For the value to have increased from £195,000 to £267,033 over the eight years to March 2025, the following assumptions must hold true:

• The value of 94 MILLER CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The March 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 94 MILLER CLOSE has not materially changed since March 2017.

How Large is 94 MILLER CLOSE?

94 MILLER CLOSE is 88m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where 94 MILLER CLOSE lies on this distribution: 8% of detached houses houses are smaller than 94 MILLER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

94 MILLER CLOSE: Plot and Title Map

94 MILLER CLOSE sits on a plot of roughly 17.0 acres, or 68,841m². The below map shows the location of 94 MILLER CLOSE, 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 94 MILLER CLOSE). 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 94 MILLER CLOSE?

94 MILLER CLOSE is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 94 on MILLER CLOSE.