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
9 MILL LANE is a very large extended detached house of 162m², built sometime between 1976 and 1982. It was last sold for £347,500 in September 2016, which was around 38% above the average September 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 9 MILL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Two of the three 9 MILL LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2016 30 SEP | £347,500 | £251,709 | 38% above HPI |
2011 2 SEP | £310,000 | £200,276 | 55% above HPI |
2003 5 DEC | £162,500 | £173,328 | 6% below HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 9 MILL LANE sales between December 2003 and September 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 September 2011 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.
9 MILL LANE is 162m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Hilton, based on EPC data. The below chart shows the distribution of detached houses by size in Hilton, and where 9 MILL LANE lies on this distribution: 94% of detached houses are smaller than 9 MILL LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hilton.
9 MILL LANE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 9 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 9 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.
9 MILL LANE is located in HILTON, in the DE65 postcode district. The below map shows the position of No. 9 on MILL LANE.