5, COUNTY MILLS, HEXHAM, NE46 1PN - £60,000

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.

5 COUNTY MILLS is a very small flat of 46m², built sometime before 1900, which could now be worth an estimated £69,864. It was last sold for £60,000 in November 2005, which was around 33% below the average November 2005 flat price in the Northumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

5 COUNTY MILLS Sold Prices

Land registry data shows two sales for 5 COUNTY MILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Both of the two 5 COUNTY MILLS 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
2005 18 NOV	£60,000	£89,334	33% below HPI
2003 30 MAY	£46,500	£53,863	14% below HPI

What might 5 COUNTY MILLS be worth now?

5 COUNTY MILLS might now be worth an estimated £69,864.

This is based on house price inflation of 16.4%, between November 2005 and May 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 5 COUNTY MILLS of £60,000 on 18th November 2005. For the value to have increased from £60,000 to £69,864 over the 21 years and six months to May 2026, the following assumptions must hold true:

• The value of 5 COUNTY MILLS has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2005 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COUNTY MILLS has not materially changed since November 2005.

How Large is 5 COUNTY MILLS?

5 COUNTY MILLS is 46m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of flats in Hexham, based on EPC data. 13% of flats are smaller than 5 COUNTY MILLS, and 87% of flats are larger. Note that EPC data is not available for all properties in Hexham.

5 COUNTY MILLS: Plot

5 COUNTY MILLS sits on a plot of roughly 0.307 of an acre, or 1,241m².

Where is 5 COUNTY MILLS?

5 COUNTY MILLS is located in HEXHAM, in the NE46 postcode district.