8, MILWARD ROAD, LOSCOE, HEANOR, DE75 7JX - £112,500

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.

8 MILWARD ROAD is a midsized extended terraced house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £161,488. It was last sold for £112,500 in April 2019, which was around 9% below the average April 2019 terraced price in the Amber Valley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

8 MILWARD ROAD Sold Prices

Land registry data shows two sales for 8 MILWARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 8 MILWARD ROAD 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
2019 12 APR	£112,500	£123,266	9% below HPI
2017 24 NOV	£72,500	£119,948	40% below HPI

8 MILWARD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The two 8 MILWARD ROAD sales from November 2017 and April 2019 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 November 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 MILWARD ROAD be worth now?

8 MILWARD ROAD might now be worth an estimated £161,488.

This is based on house price inflation of 43.5%, between April 2019 and May 2026, for terraced 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 43.5% inflationary increase is applied to the most recent sale price for 8 MILWARD ROAD of £112,500 on 12th April 2019. For the value to have increased from £112,500 to £161,488 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 MILWARD ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The April 2019 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MILWARD ROAD has not materially changed since April 2019.

How Large is 8 MILWARD ROAD?

8 MILWARD ROAD is 92m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of terraced houses houses in Heanor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heanor, and where 8 MILWARD ROAD lies on this distribution: 40% of terraced houses houses are smaller than 8 MILWARD ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Heanor.

8 MILWARD ROAD: Plot and Title Map

8 MILWARD ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 8 MILWARD ROAD, 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 MILWARD ROAD). 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 MILWARD ROAD?

8 MILWARD ROAD is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 8 on MILWARD ROAD.