14, MILLFIELD ROAD, KIMBERLEY, NOTTINGHAM, NG16 2LJ - £259,000

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.

14 MILLFIELD ROAD is a midsized extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £338,045. It was last sold for £259,000 in May 2020, which was around 5% below the average May 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

14 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 14 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Two of the three 14 MILLFIELD ROAD sales were for below the average price, whilst one was 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
2020 29 MAY	£259,000	£272,668	5% below HPI
2016 9 DEC	£219,950	£230,598	5% below HPI
1998 4 DEC	£89,950	£77,238	16% above HPI

14 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 14 MILLFIELD ROAD sales between December 1998 and May 2020 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 December 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, which was also at 5% below the HPI.

What might 14 MILLFIELD ROAD be worth now?

14 MILLFIELD ROAD might now be worth an estimated £338,045.

This is based on house price inflation of 30.5%, between May 2020 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 14 MILLFIELD ROAD of £259,000 on 29th May 2020. For the value to have increased from £259,000 to £338,045 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 14 MILLFIELD ROAD has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The May 2020 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MILLFIELD ROAD has not materially changed since May 2020.

How Large is 14 MILLFIELD ROAD?

14 MILLFIELD ROAD is 105m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 14 MILLFIELD ROAD lies on this distribution: 56% of detached houses houses are smaller than 14 MILLFIELD ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

14 MILLFIELD ROAD: Plot and Title Map

14 MILLFIELD ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 14 MILLFIELD 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 14 MILLFIELD 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.

Where is 14 MILLFIELD ROAD?

14 MILLFIELD ROAD is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 14 on MILLFIELD ROAD.