MILLWELL HOUSE, CHURCH ROAD, HARBY, NEWARK, NG23 7ED - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILLWELL HOUSE is a midsized extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £452,441. It was last sold for £280,000 in August 2013, which was around 29% above the average August 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

MILLWELL HOUSE Sold Prices

Land registry data shows two sales for MILLWELL 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 MILLWELL 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
2013 2 AUG	£280,000	£217,836	29% above HPI
2004 18 OCT	£212,000	£202,466	5% above HPI

MILLWELL 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 MILLWELL HOUSE sales from October 2004 and August 2013 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2013 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might MILLWELL HOUSE be worth now?

MILLWELL HOUSE might now be worth an estimated £452,441.

This is based on house price inflation of 61.6%, between August 2013 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.6% inflationary increase is applied to the most recent sale price for MILLWELL HOUSE of £280,000 on 2nd August 2013. For the value to have increased from £280,000 to £452,441 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of MILLWELL HOUSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2013 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of MILLWELL HOUSE has not materially changed since August 2013.

How Large is MILLWELL HOUSE?

MILLWELL HOUSE is 138m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where MILLWELL HOUSE lies on this distribution: 58% of detached houses houses are smaller than MILLWELL HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Harby.

MILLWELL HOUSE: Plot and Title Map

MILLWELL HOUSE sits on a plot of roughly 0.403 of an acre, or 1,631m². The below map shows the location of MILLWELL 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 MILLWELL 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 MILLWELL HOUSE?

MILLWELL HOUSE is located on CHURCH ROAD in HARBY, in the NG23 postcode district. The below map shows the position of MILLWELL HOUSE on CHURCH ROAD.