1, MILL LANE, STOTFOLD, HITCHIN, SG5 4NU - £567,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 MILL LANE is a midsized extended semi-detached house of 134m², built sometime between 1967 and 1975. It was last sold for £567,000 in June 2016, which was around 22% above the average June 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

1 MILL LANE Sold Prices

Land registry data shows three sales for 1 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 1 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
2016 3 JUN	£567,000	£466,316	22% above HPI
2011 16 DEC	£354,000	£316,996	12% above HPI
2004 26 OCT	£265,000	£296,493	11% below HPI

1 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 MILL LANE sales between October 2004 and June 2016 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 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 MILL LANE?

1 MILL LANE is 134m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 1 MILL LANE lies on this distribution: 55% of detached houses are smaller than 1 MILL LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

1 MILL LANE: Plot and Title Map

1 MILL LANE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 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 1 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 1 MILL LANE?

1 MILL LANE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 1 on MILL LANE.