MILLFIELD HOUSE, TOP STREET, ELSTON, NEWARK, NG23 5NP - £405,000

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

MILLFIELD HOUSE is a very large extended detached house of 206m², built sometime between 2003 and 2006. It was last sold for £405,000 in January 2006, which was around 97% above the average January 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

MILLFIELD HOUSE Sold Prices

Land registry data shows two sales for MILLFIELD 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. One of the two MILLFIELD HOUSE sales was for above the average price, whilst the other 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
2006 10 JAN	£405,000	£205,758	97% above HPI
2005 3 JUN	£170,000	£202,141	16% below HPI

MILLFIELD 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 MILLFIELD HOUSE sales from June 2005 and January 2006 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 June 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2006 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is MILLFIELD HOUSE?

MILLFIELD HOUSE is 206m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where MILLFIELD HOUSE lies on this distribution: 88% of detached houses are smaller than MILLFIELD HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Elston.

MILLFIELD HOUSE: Plot and Title Map

MILLFIELD HOUSE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of MILLFIELD 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 MILLFIELD 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 MILLFIELD HOUSE?

MILLFIELD HOUSE is located on TOP STREET in ELSTON, in the NG23 postcode district. The below map shows the position of MILLFIELD HOUSE on TOP STREET.