21, MILL ROAD, STAPLEFORD, NOTTINGHAM, NG9 8GD - £425,000

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.

21 MILL ROAD is a very large detached house of 174m², built sometime between 1900 and 1929, which could now be worth an estimated £500,388. It was last sold for £425,000 in August 2021, which was around 41% above the average August 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

21 MILL ROAD Sold Prices

Land registry data shows four sales for 21 MILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 21 MILL ROAD sales were for above the average price, and four 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
2021 6 AUG	£425,000	£302,267	41% above HPI
2019 15 FEB	£344,250	£260,259	32% above HPI
2007 19 APR	£166,820	£202,262	18% below HPI
1997 30 JUN	£71,000	£73,620	4% below HPI

21 MILL 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 four 21 MILL ROAD sales between June 1997 and August 2021 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 February 2019 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 21 MILL ROAD be worth now?

21 MILL ROAD might now be worth an estimated £500,388.

This is based on house price inflation of 17.7%, between August 2021 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 17.7% inflationary increase is applied to the most recent sale price for 21 MILL ROAD of £425,000 on 6th August 2021. For the value to have increased from £425,000 to £500,388 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 21 MILL ROAD has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MILL ROAD has not materially changed since August 2021.

How Large is 21 MILL ROAD?

21 MILL ROAD is 174m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Stapleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stapleford, and where 21 MILL ROAD lies on this distribution: 96% of detached houses houses are smaller than 21 MILL ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Stapleford.

21 MILL ROAD: Plot and Title Map

21 MILL ROAD sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 21 MILL 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 21 MILL 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 21 MILL ROAD?

21 MILL ROAD is located in STAPLEFORD, in the NG9 postcode district. The below map shows the position of No. 21 on MILL ROAD.