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

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.

5 MILLERS BANK is a small detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £442,402. It was last sold for £365,000 in December 2018, which was around 27% 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	£497,959	27% below HPI
2002 24 MAY	£172,000	£243,871	29% below HPI
1999 4 JUN	£138,000	£168,140	18% below HPI
1996 29 MAR	£107,995	£119,193	9% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 MILLERS BANK be worth now?

5 MILLERS BANK might now be worth an estimated £442,402.

This is based on house price inflation of 21.2%, between December 2018 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 5 MILLERS BANK of £365,000 on 10th December 2018. For the value to have increased from £365,000 to £442,402 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MILLERS BANK has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The December 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLERS BANK has not materially changed since December 2018.

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 houses in Broom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broom, and where 5 MILLERS BANK lies on this distribution: 22% of detached houses houses are smaller than 5 MILLERS BANK, and 76% 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.