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

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

MILLWELL HOUSE is a midsized extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £280,000 in August 2013, which was around 34% 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	£209,253	34% above HPI
2004 18 OCT	£212,000	£194,488	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2013 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

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 in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where MILLWELL HOUSE lies on this distribution: 57% of detached houses are smaller than MILLWELL HOUSE, and 43% 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.