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
3 MILLVIEW ROAD is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £170,000 in March 2017, which was around 27% below the average March 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 MILLVIEW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 3 MILLVIEW ROAD sales 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 |
---|---|---|---|
2017 10 MAR | £170,000 | £231,492 | 27% below HPI |
2014 24 JAN | £150,000 | £184,900 | 19% below HPI |
2000 19 SEP | £55,000 | £81,713 | 33% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 3 MILLVIEW ROAD sales between September 2000 and March 2017 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 January 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
3 MILLVIEW ROAD is 89m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 3 MILLVIEW ROAD lies on this distribution: 30% of detached houses are smaller than 3 MILLVIEW ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Heckington.
3 MILLVIEW ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 MILLVIEW 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 3 MILLVIEW 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.
3 MILLVIEW ROAD is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 3 on MILLVIEW ROAD.