2, MILLERS BANK, BROOM, ALCESTER, B50 4HZ - £247,500

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 MILLERS BANK is a small extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £476,909. It was last sold for £247,500 in May 2004, which was around 21% 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.

2 MILLERS BANK Sold Prices

Land registry data shows three sales for 2 MILLERS BANK since 1^st 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	£313,226	21% below HPI
2003 24 APR	£228,000	£280,668	19% below HPI
1996 23 FEB	£124,995	£119,667	4% above HPI

2 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 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2004 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 MILLERS BANK be worth now?

2 MILLERS BANK might now be worth an estimated £476,909.

This is based on house price inflation of 92.7%, between May 2004 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.7% inflationary increase is applied to the most recent sale price for 2 MILLERS BANK of £247,500 on 6th May 2004. For the value to have increased from £247,500 to £476,909 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 MILLERS BANK has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The May 2004 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLERS BANK has not materially changed since May 2004.

How Large is 2 MILLERS BANK?

2 MILLERS BANK is 124m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses houses in Broom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broom, and where 2 MILLERS BANK lies on this distribution: 30% of detached houses houses are smaller than 2 MILLERS BANK, and 70% of houses are larger. Note that EPC data is not available for all properties in Broom.

2 MILLERS BANK: Plot and Title Map

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.

Where is 2 MILLERS BANK?

2 MILLERS BANK is located in BROOM, in the B50 postcode district. The below map shows the position of No. 2 on MILLERS BANK.