MILL HOUSE, MUSKHAM LANE, BATHLEY, NEWARK, NG23 6DD - £590,000

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

MILL HOUSE is a very large extended detached house of 264m², built sometime before 1900. It was last sold for £590,000 in November 2017, which was around 123% above the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two MILL HOUSE 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
2017 1 NOV	£590,000	£264,247	123% above HPI
2004 14 MAY	£333,500	£183,950	81% above HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two MILL HOUSE sales from May 2004 and November 2017 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 May 2004 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the November 2017 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 264m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Bathley, based on EPC data. The below chart shows the distribution of detached houses by size in Bathley, and where MILL HOUSE lies on this distribution: 89% of detached houses are smaller than MILL HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bathley.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.559 of an acre, or 2,264m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on MUSKHAM LANE in BATHLEY, in the NG23 postcode district. The below map shows the position of MILL HOUSE on MUSKHAM LANE.