Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MILL ROAD is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £205,000 in October 2005, which was about the average October 2005 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 MILL ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. The three 1 MILL ROAD sales were a mix of roughly equal to the average price, and 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 7 OCT | £205,000 | £205,553 | Close to HPI |
2000 18 SEP | £75,000 | £89,776 | 16% below HPI |
1997 21 NOV | £66,745 | £79,133 | 16% below HPI |
The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 1 MILL ROAD sales between November 1997 and October 2005 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 September 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
1 MILL ROAD is 127m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Sproatley, based on EPC data. The below chart shows the distribution of detached houses by size in Sproatley, and where 1 MILL ROAD lies on this distribution: 63% of detached houses are smaller than 1 MILL ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Sproatley.
1 MILL ROAD sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of 1 MILL ROAD, 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 1 MILL ROAD). 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.
1 MILL ROAD is located in SPROATLEY, in the HU11 postcode district. The below map shows the position of No. 1 on MILL ROAD.