5, MILLERS BANK, BROOM, ALCESTER, B50 4HZ - £365,000

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

5 MILLERS BANK is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £365,000 in December 2018, which was around 25% below the average December 2018 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

5 MILLERS BANK Sold Prices

Land registry data shows four sales for 5 MILLERS BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four 5 MILLERS BANK 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
2018 10 DEC	£365,000	£486,641	25% below HPI
2002 24 MAY	£172,000	£238,328	28% below HPI
1999 4 JUN	£138,000	£164,318	16% below HPI
1996 29 MAR	£107,995	£116,484	7% below HPI

5 MILLERS BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The four 5 MILLERS BANK sales between March 1996 and December 2018 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 MILLERS BANK?

5 MILLERS BANK is 120m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Broom, based on EPC data. The below chart shows the distribution of detached houses by size in Broom, and where 5 MILLERS BANK lies on this distribution: 26% of detached houses are smaller than 5 MILLERS BANK, and 71% of houses are larger. Note that EPC data is not available for all properties in Broom.

5 MILLERS BANK: Plot and Title Map

5 MILLERS BANK sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 MILLERS BANK, 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 5 MILLERS BANK). 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 5 MILLERS BANK?

5 MILLERS BANK is located in BROOM, in the B50 postcode district. The below map shows the position of No. 5 on MILLERS BANK.