12, MILL LANE, CHICHESTER, PO19 3JN - £625,000

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.

12 MILL LANE is a large extended detached house of 144m², built sometime between 1930 and 1949, which could now be worth an estimated £1,007,470. It was last sold for £625,000 in April 2012, which was around 41% above the average April 2012 detached price in the Chichester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

12 MILL LANE Sold Prices

Land registry data shows two sales for 12 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 12 MILL LANE 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
2012 3 APR	£625,000	£444,666	41% above HPI
2003 18 JUL	£455,000	£344,355	32% above HPI

12 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two 12 MILL LANE sales from July 2003 and April 2012 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 July 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2012 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 12 MILL LANE be worth now?

12 MILL LANE might now be worth an estimated £1,007,470.

This is based on house price inflation of 61.2%, between April 2012 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.2% inflationary increase is applied to the most recent sale price for 12 MILL LANE of £625,000 on 3rd April 2012. For the value to have increased from £625,000 to £1,007,470 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 12 MILL LANE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The April 2012 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MILL LANE has not materially changed since April 2012.

How Large is 12 MILL LANE?

12 MILL LANE is 144m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where 12 MILL LANE lies on this distribution: 72% of detached houses houses are smaller than 12 MILL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

12 MILL LANE: Plot and Title Map

12 MILL LANE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 12 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 12 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 12 MILL LANE?

12 MILL LANE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 12 on MILL LANE.