MILLSTONE, MILL LANE, EDWINSTOWE, MANSFIELD, NG21 9QY - £270,000

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

MILLSTONE is a very large detached house of 189m², built sometime between 2003 and 2006. It was last sold for £270,000 in March 2016, which was around 15% above the average March 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

MILLSTONE Sold Prices

Land registry data shows two sales for MILLSTONE 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 MILLSTONE 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
2016 7 MAR	£270,000	£235,071	15% above HPI
2006 11 OCT	£298,000	£211,158	41% above HPI

MILLSTONE 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 MILLSTONE sales from October 2006 and March 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 October 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is MILLSTONE?

MILLSTONE is 189m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where MILLSTONE lies on this distribution: 90% of detached houses are smaller than MILLSTONE, and 10% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

MILLSTONE: Plot and Title Map

MILLSTONE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of MILLSTONE, 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 MILLSTONE). 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 MILLSTONE?

MILLSTONE is located on MILL LANE in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of MILLSTONE on MILL LANE.