7, MILLIAS CLOSE, BROUGH, HU15 1GP - £116,000

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.

7 MILLIAS CLOSE is a very small terraced house of 53m², built sometime between 2007 and 2011, which could now be worth an estimated £135,266. It was last sold for £116,000 in March 2021, which was around 20% below the average March 2021 terraced price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

7 MILLIAS CLOSE Sold Prices

Land registry data shows two sales for 7 MILLIAS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 7 MILLIAS CLOSE 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
2021 29 MAR	£116,000	£145,614	20% below HPI
2009 31 JUL	£105,000	£106,048	1% below HPI

7 MILLIAS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 7 MILLIAS CLOSE sales from July 2009 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 July 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 MILLIAS CLOSE be worth now?

7 MILLIAS CLOSE might now be worth an estimated £135,266.

This is based on house price inflation of 16.6%, between March 2021 and May 2026, for terraced houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 7 MILLIAS CLOSE of £116,000 on 29th March 2021. For the value to have increased from £116,000 to £135,266 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 MILLIAS CLOSE has moved in line with the HPI for terraced houses in the East Riding of Yorkshire local authority area.
• The March 2021 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLIAS CLOSE has not materially changed since March 2021.

How Large is 7 MILLIAS CLOSE?

7 MILLIAS CLOSE is 53m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Brough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brough, and where 7 MILLIAS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 MILLIAS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Brough.

7 MILLIAS CLOSE: Plot and Title Map

7 MILLIAS CLOSE sits on a plot of roughly 0.008 of an acre, or 33m². The below map shows the location of 7 MILLIAS CLOSE, 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 7 MILLIAS CLOSE). 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 7 MILLIAS CLOSE?

7 MILLIAS CLOSE is located in BROUGH, in the HU15 postcode district. The below map shows the position of No. 7 on MILLIAS CLOSE.