Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
16 MILL HILL ROAD is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £299,950 in September 2024, which was around 39% below the average September 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 MILL HILL ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 16 MILL HILL ROAD 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 |
---|---|---|---|
2024 20 SEP | £299,950 | £493,813 | 39% below HPI |
2001 8 JUN | £87,500 | £158,301 | 45% below HPI |
1995 22 SEP | £67,150 | £90,596 | 26% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 16 MILL HILL ROAD sales between September 1995 and September 2024 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 June 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
16 MILL HILL ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 16 MILL HILL ROAD lies on this distribution: 17% of detached houses are smaller than 16 MILL HILL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Bingham.
16 MILL HILL ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 16 MILL HILL 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 16 MILL HILL 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.
16 MILL HILL ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 16 on MILL HILL ROAD.