12, MILLERS BANK, BROOM, ALCESTER, B50 4HZ - £360,000

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

12 MILLERS BANK is a very small extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £360,000 in June 2021, which was around 29% below the average June 2021 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

12 MILLERS BANK Sold Prices

Land registry data shows five sales for 12 MILLERS BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the five 12 MILLERS BANK 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
2021 11 JUN	£360,000	£506,680	29% below HPI
2012 25 OCT	£240,000	£366,872	35% below HPI
2002 24 MAY	£156,500	£238,328	34% below HPI
2000 25 FEB	£145,000	£179,744	19% below HPI
1996 26 JUN	£109,995	£117,014	6% below HPI

12 MILLERS BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The five 12 MILLERS BANK sales between June 1996 and June 2021 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 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 MILLERS BANK?

12 MILLERS BANK is 112m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Broom, based on EPC data. The below chart shows the distribution of detached houses by size in Broom, and where 12 MILLERS BANK lies on this distribution: 14% of detached houses are smaller than 12 MILLERS BANK, and 86% of houses are larger. Note that EPC data is not available for all properties in Broom.

12 MILLERS BANK: Plot and Title Map

12 MILLERS BANK sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 12 MILLERS BANK, 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 12 MILLERS BANK). 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 12 MILLERS BANK?

12 MILLERS BANK is located in BROOM, in the B50 postcode district. The below map shows the position of No. 12 on MILLERS BANK.