51A, MILL ROAD, NEWTHORPE, NOTTINGHAM, NG16 3QG - £195,000

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

51A MILL ROAD is a small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2017, which was around 18% below the average July 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

51A MILL ROAD Sold Prices

Land registry data shows three sales for 51A MILL 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. All of the three 51A MILL ROAD 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
2017 28 JUL	£195,000	£238,137	18% below HPI
2015 21 AUG	£165,000	£216,827	24% below HPI
2001 28 MAR	£82,000	£100,713	19% below HPI

51A MILL 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 51A MILL ROAD sales between March 2001 and July 2017 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 51A MILL ROAD?

51A MILL ROAD is 69m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 51A MILL ROAD lies on this distribution: 20% of detached houses are smaller than 51A MILL ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

51A MILL ROAD: Plot and Title Map

51A MILL ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 51A MILL 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 51A MILL 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 51A MILL ROAD?

51A MILL ROAD is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 51A on MILL ROAD.