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
7 MILL GATE is a large extended detached house of 159m², built sometime before 1900. It was last sold for £470,000 in November 2019, which was around 24% above the average November 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 MILL GATE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 7 MILL GATE sales were 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 |
---|---|---|---|
2019 26 NOV | £470,000 | £378,004 | 24% above HPI |
2010 9 JUL | £355,000 | £273,469 | 30% above HPI |
2004 17 DEC | £300,000 | £267,837 | 12% above HPI |
1995 10 NOV | £125,500 | £89,173 | 41% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 7 MILL GATE sales between November 1995 and November 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 July 2010 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
7 MILL GATE is 159m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in East Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in East Bridgford, and where 7 MILL GATE lies on this distribution: 68% of detached houses are smaller than 7 MILL GATE, and 32% of houses are larger. Note that EPC data is not available for all properties in East Bridgford.
7 MILL GATE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 7 MILL GATE, 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 7 MILL GATE). 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.
7 MILL GATE is located in EAST BRIDGFORD, in the NG13 postcode district. The below map shows the position of No. 7 on MILL GATE.