86, MILNHAY ROAD, LANGLEY MILL, NOTTINGHAM, NG16 4AW - £124,000

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

86 MILNHAY ROAD is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £124,000 in December 2015, which was around 43% below the average December 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

86 MILNHAY ROAD Sold Prices

Land registry data shows three sales for 86 MILNHAY 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 Amber Valley local authority area for the corresponding sale date. All of the three 86 MILNHAY 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
2015 17 DEC	£124,000	£218,133	43% below HPI
2000 1 SEP	£55,950	£86,654	35% below HPI
1996 20 SEP	£48,500	£65,039	25% below HPI

86 MILNHAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 86 MILNHAY ROAD sales between September 1996 and December 2015 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 September 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 86 MILNHAY ROAD?

86 MILNHAY ROAD is 73m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 86 MILNHAY ROAD lies on this distribution: 15% of detached houses are smaller than 86 MILNHAY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Heanor.

86 MILNHAY ROAD: Plot and Title Map

86 MILNHAY ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 86 MILNHAY 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 86 MILNHAY 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 86 MILNHAY ROAD?

86 MILNHAY ROAD is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 86 on MILNHAY ROAD.