40, MILLFIELD ROAD, KIMBERLEY, NOTTINGHAM, NG16 2LJ - £165,000

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

40 MILLFIELD ROAD is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £165,000 in November 2014, which was around 19% below the average November 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

40 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 40 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 40 MILLFIELD 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
2014 28 NOV	£165,000	£203,622	19% below HPI
2007 3 MAY	£135,000	£198,882	32% below HPI
1995 4 AUG	£56,000	£69,899	20% below HPI

40 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 40 MILLFIELD ROAD sales between August 1995 and November 2014 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 May 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 MILLFIELD ROAD?

40 MILLFIELD ROAD is 84m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 40 MILLFIELD ROAD lies on this distribution: 29% of detached houses are smaller than 40 MILLFIELD ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

40 MILLFIELD ROAD: Plot and Title Map

40 MILLFIELD ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 40 MILLFIELD 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 40 MILLFIELD 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 40 MILLFIELD ROAD?

40 MILLFIELD ROAD is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 40 on MILLFIELD ROAD.