MILLBANK HOUSE, GRANGE ROAD, RHYL, LL18 4RD - £155,000

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

MILLBANK HOUSE is a very large extended detached house of 168m², built sometime before 1900. It was last sold for £155,000 in April 2019, which was around 19% below the average April 2019 detached price in the Denbighshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

MILLBANK HOUSE Sold Prices

Land registry data shows two sales for MILLBANK 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 Denbighshire local authority area for the corresponding sale date. Both of the two MILLBANK HOUSE 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
2019 15 APR	£155,000	£191,054	19% below HPI
2001 31 OCT	£50,000	£77,882	36% below HPI

MILLBANK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Denbighshire local authority area over time, sourced from the HPI. The two MILLBANK HOUSE sales from October 2001 and April 2019 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 October 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is MILLBANK HOUSE?

MILLBANK HOUSE is 168m², which includes four extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Rhyl, based on EPC data. The below chart shows the distribution of detached houses by size in Rhyl, and where MILLBANK HOUSE lies on this distribution: 96% of detached houses are smaller than MILLBANK HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Rhyl.

MILLBANK HOUSE: Plot and Title Map

MILLBANK HOUSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of MILLBANK 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 MILLBANK 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 MILLBANK HOUSE?

MILLBANK HOUSE is located on GRANGE ROAD in RHYL, in the LL18 postcode district. The below map shows the position of MILLBANK HOUSE on GRANGE ROAD.