THE MILL HOUSE, LOMBARD STREET, ORSTON, NOTTINGHAM, NG13 9NG - £485,000

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

THE MILL HOUSE is a midsized detached house of 174m². It was last sold for £485,000 in March 2021, which was around 16% above the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was A.

THE MILL HOUSE Sold Prices

Land registry data shows two sales for THE MILL 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 Rushcliffe local authority area for the corresponding sale date. Both of the two THE MILL 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
2021 4 MAR	£485,000	£417,162	16% above HPI
2017 29 SEP	£435,000	£357,885	22% above HPI

THE MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two THE MILL HOUSE sales from September 2017 and March 2021 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 September 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE MILL HOUSE?

THE MILL HOUSE is 174m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Orston, based on EPC data. The below chart shows the distribution of detached houses by size in Orston, and where THE MILL HOUSE lies on this distribution: 49% of detached houses are smaller than THE MILL HOUSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Orston.

THE MILL HOUSE: Plot and Title Map

THE MILL HOUSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of THE MILL 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 THE MILL 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 THE MILL HOUSE?

THE MILL HOUSE is located on LOMBARD STREET in ORSTON, in the NG13 postcode district. The below map shows the position of THE MILL HOUSE on LOMBARD STREET.