2, MILLBANK AVENUE, BELPER, DE56 1QD - £155,000

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.

2 MILLBANK AVENUE is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £289,141. It was last sold for £155,000 in April 2011, which was around 15% below the average April 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 MILLBANK AVENUE Sold Prices

Land registry data shows two sales for 2 MILLBANK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 2 MILLBANK AVENUE 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
2011 1 APR	£155,000	£182,201	15% below HPI
1998 9 APR	£59,995	£64,635	7% below HPI

2 MILLBANK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 2 MILLBANK AVENUE sales from April 1998 and April 2011 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 April 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MILLBANK AVENUE be worth now?

2 MILLBANK AVENUE might now be worth an estimated £289,141.

This is based on house price inflation of 86.5%, between April 2011 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.5% inflationary increase is applied to the most recent sale price for 2 MILLBANK AVENUE of £155,000 on 1st April 2011. For the value to have increased from £155,000 to £289,141 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MILLBANK AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The April 2011 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLBANK AVENUE has not materially changed since April 2011.

How Large is 2 MILLBANK AVENUE?

2 MILLBANK AVENUE is 114m² according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 2 MILLBANK AVENUE lies on this distribution: 67% of detached houses houses are smaller than 2 MILLBANK AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 MILLBANK AVENUE: Plot and Title Map

2 MILLBANK AVENUE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 MILLBANK AVENUE, 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 2 MILLBANK AVENUE). 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 2 MILLBANK AVENUE?

2 MILLBANK AVENUE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 2 on MILLBANK AVENUE.