29, MILLBANK PLACE, BESTWOOD VILLAGE, NOTTINGHAM, NG6 8EF - £228,000

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

29 MILLBANK PLACE is a midsized extended detached house of 118m², built sometime between 2003 and 2006. It was last sold for £228,000 in October 2016, which was around 24% above the average October 2016 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

29 MILLBANK PLACE Sold Prices

Land registry data shows two sales for 29 MILLBANK PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 29 MILLBANK PLACE sales were 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
2016 28 OCT	£228,000	£183,290	24% above HPI
2006 15 DEC	£259,500	£159,343	63% above HPI

29 MILLBANK PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 29 MILLBANK PLACE sales from December 2006 and October 2016 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 December 2006 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 29 MILLBANK PLACE?

29 MILLBANK PLACE is 118m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Bestwood Village, based on EPC data. The below chart shows the distribution of detached houses by size in Bestwood Village, and where 29 MILLBANK PLACE lies on this distribution: 53% of detached houses are smaller than 29 MILLBANK PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bestwood Village.

29 MILLBANK PLACE: Plot and Title Map

29 MILLBANK PLACE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 29 MILLBANK PLACE, 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 29 MILLBANK PLACE). 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 29 MILLBANK PLACE?

29 MILLBANK PLACE is located in BESTWOOD VILLAGE, in the NG6 postcode district. The below map shows the position of No. 29 on MILLBANK PLACE.