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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 MILL ROAD is a very large detached house of 174m², built sometime between 1900 and 1929. It was last sold for £425,000 in August 2021, which was around 42% 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	£298,808	42% above HPI
2019 15 FEB	£344,250	£257,281	34% above HPI
2007 19 APR	£166,820	£199,947	17% below HPI
1997 30 JUN	£71,000	£72,777	2% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

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 in Stapleford, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleford, and where 21 MILL ROAD lies on this distribution: 96% of detached 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.