85, MILL LANE, BELPER, DE56 1LH - £297,000

85 MILL LANE is a very large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £297,000 in October 2019, which was around 16% above the average October 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

85 MILL LANE Sold Prices

Land registry data shows three sales for 85 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 85 MILL LANE sales were for above the average price, whilst one was 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 24 OCT	£297,000	£255,814	16% above HPI
2005 16 DEC	£145,000	£180,116	19% below HPI
1997 14 FEB	£66,500	£62,731	6% above HPI

85 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 three 85 MILL LANE sales between February 1997 and October 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 December 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 85 MILL LANE?

85 MILL LANE is 140m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 85 MILL LANE lies on this distribution: 88% of detached houses are smaller than 85 MILL LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Belper.

85 MILL LANE: Plot and Title Map

85 MILL LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 85 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 85 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 85 MILL LANE?

85 MILL LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 85 on MILL LANE.