3, MILL FARM DRIVE, TIBSHELF, ALFRETON, DE55 5QL - £240,000

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

3 MILL FARM DRIVE is a small detached house of 87m². It was last sold for £240,000 in March 2023, which was around 4% below the average March 2023 detached price in the Bolsover local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

3 MILL FARM DRIVE Sold Prices

Land registry data shows three sales for 3 MILL FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. The three 3 MILL FARM DRIVE sales were a mix of below the average price, and roughly equal to 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
2023 10 MAR	£240,000	£250,239	4% below HPI
2022 18 FEB	£210,000	£224,359	6% below HPI
2016 28 OCT	£164,500	£164,014	Close to HPI

3 MILL FARM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 3 MILL FARM DRIVE sales between October 2016 and March 2023 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 2022 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 MILL FARM DRIVE?

3 MILL FARM DRIVE is 87m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Tibshelf, based on EPC data. The below chart shows the distribution of detached houses by size in Tibshelf, and where 3 MILL FARM DRIVE lies on this distribution: 37% of detached houses are smaller than 3 MILL FARM DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tibshelf.

3 MILL FARM DRIVE: Plot and Title Map

3 MILL FARM DRIVE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 3 MILL FARM DRIVE, 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 3 MILL FARM DRIVE). 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 3 MILL FARM DRIVE?

3 MILL FARM DRIVE is located in TIBSHELF, in the DE55 postcode district. The below map shows the position of No. 3 on MILL FARM DRIVE.