8, MILL RISE, KIDSGROVE, STOKE-ON-TRENT, ST7 4UR - £335,000

8 MILL RISE is a very large detached house of 132m², built sometime between 1991 and 1995. It was last sold for £335,000 in May 2017, which was around 55% above the average May 2017 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

8 MILL RISE Sold Prices

Land registry data shows four sales for 8 MILL RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the four 8 MILL RISE 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 25 MAY	£335,000	£216,445	55% above HPI
2008 9 JAN	£285,000	£203,734	40% above HPI
1999 1 OCT	£130,000	£77,289	68% above HPI
1997 12 JUN	£118,500	£68,805	72% above HPI

8 MILL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The four 8 MILL RISE sales between June 1997 and May 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 January 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2017 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 8 MILL RISE?

8 MILL RISE is 132m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 8 MILL RISE lies on this distribution: 88% of detached houses are smaller than 8 MILL RISE, and 12% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

8 MILL RISE: Plot and Title Map

8 MILL RISE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 8 MILL RISE, 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 8 MILL RISE). 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 8 MILL RISE?

8 MILL RISE is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 8 on MILL RISE.