Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 MILLBROOK WAY is a midsized extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £267,000 in March 2022, which was around 7% below the average March 2022 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 7 MILLBROOK WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the six 7 MILLBROOK WAY 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 |
---|---|---|---|
2022 25 MAR | £267,000 | £288,094 | 7% below HPI |
2010 18 FEB | £172,500 | £190,854 | 10% below HPI |
2005 16 NOV | £164,500 | £190,491 | 14% below HPI |
2002 25 OCT | £106,500 | £123,915 | 14% below HPI |
2000 18 APR | £68,500 | £79,518 | 14% below HPI |
1997 13 FEB | £61,250 | £69,953 | 12% below HPI |
The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The six 7 MILLBROOK WAY sales between February 1997 and March 2022 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 February 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
7 MILLBROOK WAY is 90m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 7 MILLBROOK WAY lies on this distribution: 42% of detached houses are smaller than 7 MILLBROOK WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Cheadle.
7 MILLBROOK WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 7 MILLBROOK WAY, 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 MILLBROOK WAY). 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 MILLBROOK WAY is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 7 on MILLBROOK WAY.