MILL VIEW, THE TURNPIKE, HALAM, NEWARK, NG22 8AE - £301,000

MILL VIEW is a small detached house of 125m², built sometime between 1983 and 1990. It was last sold for £301,000 in April 2017, which was around 24% above the average April 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two MILL VIEW sales was for above the average price, whilst the other 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
2017 26 APR	£301,000	£243,666	24% above HPI
2006 6 FEB	£190,000	£199,556	5% below HPI

MILL VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two MILL VIEW sales from February 2006 and April 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 February 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is MILL VIEW?

MILL VIEW is 125m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Halam, based on EPC data. The below chart shows the distribution of detached houses by size in Halam, and where MILL VIEW lies on this distribution: 23% of detached houses are smaller than MILL VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Halam.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of MILL VIEW, 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 MILL VIEW). 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 MILL VIEW?

MILL VIEW is located on THE TURNPIKE in HALAM, in the NG22 postcode district. The below map shows the position of MILL VIEW on THE TURNPIKE.