4, MILL ROAD, HEANOR, DE75 7NB - £91,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILL ROAD is a small terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £149,625. It was last sold for £91,500 in October 2006, which was around 13% below the average October 2006 terraced price in the Amber Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

4 MILL ROAD Sold Prices

Land registry data shows three sales for 4 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. All of the three 4 MILL 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
2006 13 OCT	£91,500	£105,131	13% below HPI
2004 2 APR	£71,000	£80,677	12% below HPI
2000 1 DEC	£31,950	£39,069	18% below HPI

4 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The three 4 MILL ROAD sales between December 2000 and October 2006 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 April 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 MILL ROAD be worth now?

4 MILL ROAD might now be worth an estimated £149,625.

This is based on house price inflation of 63.5%, between October 2006 and July 2025, for terraced houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.5% inflationary increase is applied to the most recent sale price for 4 MILL ROAD of £91,500 on 13th October 2006. For the value to have increased from £91,500 to £149,625 over the nineteen years and three months to July 2025, the following assumptions must hold true:

• The value of 4 MILL ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The October 2006 sale price of £91,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL ROAD has not materially changed since October 2006.

How Large is 4 MILL ROAD?

4 MILL ROAD is 80m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of terraced houses houses in Heanor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heanor, and where 4 MILL ROAD lies on this distribution: 23% of terraced houses houses are smaller than 4 MILL ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Heanor.

4 MILL ROAD: Plot and Title Map

4 MILL ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 4 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 4 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 4 MILL ROAD?

4 MILL ROAD is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 4 on MILL ROAD.