47, MILLBANK, WARWICK, CV34 5TH - £263,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 MILLBANK is a very small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £263,000 in March 2016, which was around 44% below the average March 2016 detached price in the Warwick local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

47 MILLBANK Sold Prices

Land registry data shows three sales for 47 MILLBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 47 MILLBANK 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
2016 31 MAR	£263,000	£470,677	44% below HPI
2009 28 OCT	£220,000	£334,013	34% below HPI
1999 7 APR	£80,000	£156,262	49% below HPI

47 MILLBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 47 MILLBANK sales between April 1999 and March 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 47 MILLBANK?

47 MILLBANK is 92m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 47 MILLBANK lies on this distribution: 16% of detached houses are smaller than 47 MILLBANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Warwick.

47 MILLBANK: Plot and Title Map

47 MILLBANK sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 47 MILLBANK, 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 47 MILLBANK). 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 47 MILLBANK?

47 MILLBANK is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 47 on MILLBANK.