3, MILNER AVENUE, DRAYCOTT, DERBY, DE72 3ND - £300,000

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

3 MILNER AVENUE is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £300,000 in March 2021, which was around 13% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 MILNER AVENUE Sold Prices

Land registry data shows three sales for 3 MILNER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the three 3 MILNER AVENUE sales was for above the average price, whilst two 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 25 MAR	£300,000	£265,542	13% above HPI
2015 27 FEB	£176,500	£190,644	7% below HPI
2005 19 DEC	£168,580	£172,365	2% below HPI

3 MILNER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 3 MILNER AVENUE sales between December 2005 and March 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 MILNER AVENUE?

3 MILNER AVENUE is 102m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 3 MILNER AVENUE lies on this distribution: 48% of detached houses are smaller than 3 MILNER AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Draycott.

3 MILNER AVENUE: Plot and Title Map

3 MILNER AVENUE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 MILNER AVENUE, 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 MILNER AVENUE). 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 MILNER AVENUE?

3 MILNER AVENUE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 3 on MILNER AVENUE.