Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 MILLERS BANK is a small extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £247,500 in May 2004, which was around 19% below the average May 2004 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 MILLERS BANK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Two of the three 2 MILLERS BANK 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 |
---|---|---|---|
2004 6 MAY | £247,500 | £306,107 | 19% below HPI |
2003 24 APR | £228,000 | £274,289 | 17% below HPI |
1996 23 FEB | £124,995 | £116,947 | 7% above HPI |
The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 2 MILLERS BANK sales between February 1996 and May 2004 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2004 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
2 MILLERS BANK is 124m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Broom, based on EPC data. The below chart shows the distribution of detached houses by size in Broom, and where 2 MILLERS BANK lies on this distribution: 34% of detached houses are smaller than 2 MILLERS BANK, and 66% of houses are larger. Note that EPC data is not available for all properties in Broom.
2 MILLERS BANK sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 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 2 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.
2 MILLERS BANK is located in BROOM, in the B50 postcode district. The below map shows the position of No. 2 on MILLERS BANK.