5, MILNER AVENUE, DRAYCOTT, DERBY, DE72 3ND - £205,000

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 MILNER AVENUE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £205,000 in June 2018, which was around 11% below the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

5 MILNER AVENUE Sold Prices

Land registry data shows two sales for 5 MILNER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 5 MILNER AVENUE 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 21 JUN	£205,000	£229,249	11% below HPI
2004 2 JUL	£135,000	£167,089	19% below HPI

5 MILNER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 5 MILNER AVENUE sales from July 2004 and June 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 July 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 MILNER AVENUE?

5 MILNER AVENUE is 89m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 5 MILNER AVENUE lies on this distribution: 26% of detached houses are smaller than 5 MILNER AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Draycott.

5 MILNER AVENUE: Plot and Title Map

5 MILNER AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 MILNER AVENUE, 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 MILNER AVENUE). 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 MILNER AVENUE?

5 MILNER AVENUE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 5 on MILNER AVENUE.