MILLWELL, ELLINGTON, MORPETH, NE61 5JJ - £310,000

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.

MILLWELL is a very large extended detached house of 212m², built sometime between 1976 and 1982, which could now be worth an estimated £435,011. It was last sold for £310,000 in September 2016, which was around 18% above the average September 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

MILLWELL Sold Prices

Land registry data shows two sales for MILLWELL 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 MILLWELL 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 1 SEP	£310,000	£261,867	18% above HPI
2007 17 OCT	£310,000	£268,717	15% above HPI

MILLWELL 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 MILLWELL sales from October 2007 and September 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 October 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might MILLWELL be worth now?

MILLWELL might now be worth an estimated £435,011.

This is based on house price inflation of 40.3%, between September 2016 and May 2026, for detached 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 40.3% inflationary increase is applied to the most recent sale price for MILLWELL of £310,000 on 1st September 2016. For the value to have increased from £310,000 to £435,011 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of MILLWELL has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of MILLWELL has not materially changed since September 2016.

How Large is MILLWELL?

MILLWELL is 212m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellington, and where MILLWELL lies on this distribution: 97% of detached houses houses are smaller than MILLWELL, and 3% of houses are larger. Note that EPC data is not available for all properties in Ellington.

MILLWELL: Plot and Title Map

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

MILLWELL is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of MILLWELL in ELLINGTON.