16, MILL LANE, BELPER, DE56 1LG - £173,000

16 MILL LANE is a large extended semi-detached house of 121m², built sometime before 1900. It was last sold for £173,000 in June 2013, which was around 7% below the average June 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

16 MILL LANE Sold Prices

Land registry data shows four sales for 16 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 16 MILL LANE sales 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 28 JUN	£173,000	£185,281	7% below HPI
2009 7 JAN	£168,000	£182,893	8% below HPI
2007 5 JAN	£168,000	£199,916	16% below HPI
2004 15 OCT	£141,950	£186,389	24% below HPI

16 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 16 MILL LANE sales between October 2004 and June 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 January 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 MILL LANE?

16 MILL LANE is 121m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 16 MILL LANE lies on this distribution: 74% of detached houses are smaller than 16 MILL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Belper.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 16 MILL 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 16 MILL 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 16 MILL LANE?

16 MILL LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 16 on MILL LANE.