32, MILL LANE, HILTON, DERBY, DE65 5GP - £233,500

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.

32 MILL LANE is a small extended terraced house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £307,234. It was last sold for £233,500 in September 2020, which was around 61% above the average September 2020 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

32 MILL LANE Sold Prices

Land registry data shows six sales for 32 MILL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. All of the six 32 MILL LANE 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
2020 7 SEP	£233,500	£145,359	61% above HPI
2014 14 FEB	£185,000	£116,627	59% above HPI
2006 19 MAY	£149,450	£117,395	27% above HPI
2005 4 NOV	£150,000	£117,089	28% above HPI
2000 31 JUL	£72,500	£47,487	53% above HPI
1996 1 JUL	£40,000	£36,007	11% above HPI

32 MILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The six 32 MILL LANE sales between July 1996 and September 2020 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 2014 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the September 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 32 MILL LANE be worth now?

32 MILL LANE might now be worth an estimated £307,234.

This is based on house price inflation of 31.6%, between September 2020 and May 2026, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.6% inflationary increase is applied to the most recent sale price for 32 MILL LANE of £233,500 on 7th September 2020. For the value to have increased from £233,500 to £307,234 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 32 MILL LANE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The September 2020 sale price of £233,500 represented a fair market value for the property.
• The size, condition, and specification of 32 MILL LANE has not materially changed since September 2020.

How Large is 32 MILL LANE?

32 MILL LANE is 95m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of terraced houses houses in Hilton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hilton, and where 32 MILL LANE lies on this distribution: 29% of terraced houses houses are smaller than 32 MILL LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hilton.

32 MILL LANE: Plot and Title Map

32 MILL LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 32 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 32 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 32 MILL LANE?

32 MILL LANE is located in HILTON, in the DE65 postcode district. The below map shows the position of No. 32 on MILL LANE.