4, MILLSTREAM GRANGE, BORROWASH, DERBY, DE72 3TP - £505,000

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 MILLSTREAM GRANGE is a very large extended detached house of 188m², built sometime between 1996 and 2002, which could now be worth an estimated £753,999. It was last sold for £505,000 in June 2016, which was around 136% above the average June 2016 detached price in the Erewash local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

4 MILLSTREAM GRANGE Sold Prices

Land registry data shows two sales for 4 MILLSTREAM GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 4 MILLSTREAM GRANGE 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 23 JUN	£505,000	£213,656	136% above HPI
2003 14 OCT	£405,000	£155,264	161% above HPI

4 MILLSTREAM GRANGE 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 two 4 MILLSTREAM GRANGE sales from October 2003 and June 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 October 2003 sale was for 161% above the HPI. So the extrapolation line tracks at 161% above the HPI over time, until the June 2016 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 4 MILLSTREAM GRANGE be worth now?

4 MILLSTREAM GRANGE might now be worth an estimated £753,999.

This is based on house price inflation of 49.3%, between June 2016 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.3% inflationary increase is applied to the most recent sale price for 4 MILLSTREAM GRANGE of £505,000 on 23rd June 2016. For the value to have increased from £505,000 to £753,999 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MILLSTREAM GRANGE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2016 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLSTREAM GRANGE has not materially changed since June 2016.

How Large is 4 MILLSTREAM GRANGE?

4 MILLSTREAM GRANGE is 188m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 4 MILLSTREAM GRANGE lies on this distribution: 92% of detached houses houses are smaller than 4 MILLSTREAM GRANGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

4 MILLSTREAM GRANGE: Plot and Title Map

4 MILLSTREAM GRANGE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 4 MILLSTREAM GRANGE, 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 MILLSTREAM GRANGE). 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 MILLSTREAM GRANGE?

4 MILLSTREAM GRANGE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 4 on MILLSTREAM GRANGE.