5, MILLFIELD ROAD, KIMBERLEY, NOTTINGHAM, NG16 2LJ - £245,000

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 MILLFIELD ROAD is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £245,000 in June 2020, which was around 9% below the average June 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

5 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 5 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. Two of the three 5 MILLFIELD ROAD sales were for below the average price, whilst one was 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
2020 19 JUN	£245,000	£269,211	9% below HPI
2016 30 AUG	£210,000	£229,815	9% below HPI
1996 12 AUG	£78,995	£68,458	15% above HPI

5 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 5 MILLFIELD ROAD sales between August 1996 and June 2020 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 August 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, which was also at 9% below the HPI.

How Large is 5 MILLFIELD ROAD?

5 MILLFIELD ROAD is 122m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 5 MILLFIELD ROAD lies on this distribution: 80% of detached houses are smaller than 5 MILLFIELD ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

5 MILLFIELD ROAD: Plot and Title Map

5 MILLFIELD ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 5 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 5 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 5 MILLFIELD ROAD?

5 MILLFIELD ROAD is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 5 on MILLFIELD ROAD.