MILLVIEW BARN, THE VILLAGE, WEST HALLAM, ILKESTON, DE7 6GR - £550,000

MILLVIEW BARN is a very large extended detached house of 195m², built sometime between 2003 and 2006. It was last sold for £550,000 in May 2018, which was around 142% above the average May 2018 detached price in the Erewash local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

MILLVIEW BARN Sold Prices

Land registry data shows two sales for MILLVIEW BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two MILLVIEW BARN 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
2018 25 MAY	£550,000	£227,403	142% above HPI
2007 19 OCT	£425,000	£192,072	121% above HPI

MILLVIEW BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two MILLVIEW BARN sales from October 2007 and May 2018 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 October 2007 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the May 2018 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is MILLVIEW BARN?

MILLVIEW BARN is 195m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where MILLVIEW BARN lies on this distribution: 94% of detached houses are smaller than MILLVIEW BARN, and 6% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

MILLVIEW BARN: Plot and Title Map

MILLVIEW BARN sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of MILLVIEW BARN, 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 MILLVIEW BARN). 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 MILLVIEW BARN?

MILLVIEW BARN is located on THE VILLAGE in WEST HALLAM, in the DE7 postcode district. The below map shows the position of MILLVIEW BARN on THE VILLAGE.