117, MILL HILL LANE, DERBY, DE23 6SB - £213,000

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.

117 MILL HILL LANE is a large extended detached house of 131m², built sometime between 1900 and 1929, which could now be worth an estimated £356,625. It was last sold for £213,000 in November 2013, which was around 12% above the average November 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was C.

117 MILL HILL LANE Sold Prices

Land registry data shows three sales for 117 MILL HILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. One of the three 117 MILL HILL LANE sales was for above the average price, whilst two were 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
2013 1 NOV	£213,000	£189,756	12% above HPI
2008 29 FEB	£166,000	£207,723	20% below HPI
2007 31 AUG	£155,000	£209,261	26% below HPI

117 MILL HILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 117 MILL HILL LANE sales between August 2007 and November 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 February 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 117 MILL HILL LANE be worth now?

117 MILL HILL LANE might now be worth an estimated £356,625.

This is based on house price inflation of 67.4%, between November 2013 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.4% inflationary increase is applied to the most recent sale price for 117 MILL HILL LANE of £213,000 on 1st November 2013. For the value to have increased from £213,000 to £356,625 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 117 MILL HILL LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2013 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 117 MILL HILL LANE has not materially changed since November 2013.

How Large is 117 MILL HILL LANE?

117 MILL HILL LANE is 131m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 117 MILL HILL LANE lies on this distribution: 74% of detached houses houses are smaller than 117 MILL HILL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Derby.

117 MILL HILL LANE: Plot and Title Map

117 MILL HILL LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 117 MILL HILL LANE, 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 117 MILL HILL LANE). 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 117 MILL HILL LANE?

117 MILL HILL LANE is located in DERBY, in the DE23 postcode district. The below map shows the position of No. 117 on MILL HILL LANE.