12, MILL VIEW, BELPER, DE56 1FE - £175,000

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.

12 MILL VIEW is a small semi-detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £264,738. It was last sold for £175,000 in October 2017, which was around 19% above the average October 2017 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

12 MILL VIEW Sold Prices

Land registry data shows three sales for 12 MILL VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 12 MILL VIEW 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
2017 24 OCT	£175,000	£146,623	19% above HPI
2007 21 SEP	£150,000	£133,360	12% above HPI
2003 19 DEC	£142,500	£95,626	49% above HPI

12 MILL VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 12 MILL VIEW sales between December 2003 and October 2017 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2017 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 12 MILL VIEW be worth now?

12 MILL VIEW might now be worth an estimated £264,738.

This is based on house price inflation of 51.3%, between October 2017 and April 2026, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.3% inflationary increase is applied to the most recent sale price for 12 MILL VIEW of £175,000 on 24th October 2017. For the value to have increased from £175,000 to £264,738 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 12 MILL VIEW has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The October 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MILL VIEW has not materially changed since October 2017.

How Large is 12 MILL VIEW?

12 MILL VIEW is 87m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of semi-detached houses houses in Belper, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Belper, and where 12 MILL VIEW lies on this distribution: 35% of semi-detached houses houses are smaller than 12 MILL VIEW, and 64% of houses are larger. Note that EPC data is not available for all properties in Belper.

12 MILL VIEW: Plot and Title Map

12 MILL VIEW sits on a plot of roughly 1.3 acres, or 5,089m². The below map shows the location of 12 MILL VIEW, 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 12 MILL VIEW). 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 12 MILL VIEW?

12 MILL VIEW is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 12 on MILL VIEW.