8, MILL ROAD, NEWTHORPE, NOTTINGHAM, NG16 3PR - £250,000

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

8 MILL ROAD is a large extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2016, which was around 9% above the average July 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

8 MILL ROAD Sold Prices

Land registry data shows two sales for 8 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 8 MILL ROAD 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
2016 27 JUL	£250,000	£228,832	9% above HPI
2010 10 DEC	£262,000	£188,702	39% above HPI

8 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 two 8 MILL ROAD sales from December 2010 and July 2016 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 December 2010 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 8 MILL ROAD?

8 MILL ROAD is 105m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 8 MILL ROAD lies on this distribution: 69% of detached houses are smaller than 8 MILL ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

8 MILL ROAD: Plot and Title Map

8 MILL ROAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 8 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 8 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 8 MILL ROAD?

8 MILL ROAD is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 8 on MILL ROAD.