6, MILL LANE, HILTON, DERBY, DE65 5GP - £228,000

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

6 MILL LANE is a large detached house of 120m², built sometime between 1930 and 1949. It was last sold for £228,000 in February 2019, which was around 16% below the average February 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

6 MILL LANE Sold Prices

Land registry data shows four sales for 6 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 6 MILL LANE 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
2019 4 FEB	£228,000	£270,686	16% below HPI
2018 28 JUN	£228,000	£267,092	15% below HPI
2017 20 OCT	£228,000	£265,457	14% below HPI
2016 16 DEC	£200,000	£250,557	20% below HPI

6 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 6 MILL LANE sales between December 2016 and February 2019 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 June 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 MILL LANE?

6 MILL LANE is 120m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Hilton, based on EPC data. The below chart shows the distribution of detached houses by size in Hilton, and where 6 MILL LANE lies on this distribution: 61% of detached houses are smaller than 6 MILL LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Hilton.

6 MILL LANE: Plot and Title Map

6 MILL LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 6 MILL LANE, 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 6 MILL LANE). 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 6 MILL LANE?

6 MILL LANE is located in HILTON, in the DE65 postcode district. The below map shows the position of No. 6 on MILL LANE.