12, MILL LANE, GREAT HAYWOOD, STAFFORD, ST18 0RJ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MILL LANE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £210,000 in October 2016, which was around 22% below the average October 2016 detached price in the Stafford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was A.

12 MILL LANE Sold Prices

Land registry data shows five sales for 12 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the five 12 MILL LANE sales were 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 17 OCT	£210,000	£267,848	22% below HPI
2014 13 FEB	£210,000	£239,465	12% below HPI
2007 28 SEP	£182,000	£248,863	27% below HPI
2002 4 DEC	£115,000	£161,173	29% below HPI
1998 7 AUG	£67,000	£94,770	29% below HPI

12 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The five 12 MILL LANE sales between August 1998 and October 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 February 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 MILL LANE?

12 MILL LANE is 52m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Great Haywood, based on EPC data. The below chart shows the distribution of detached houses by size in Great Haywood, and where 12 MILL LANE lies on this distribution: 1% of detached houses are smaller than 12 MILL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Haywood.

12 MILL LANE: Plot and Title Map

12 MILL LANE sits on a plot of roughly 0.107 of an acre, or 434m². 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 GREAT HAYWOOD, in the ST18 postcode district. The below map shows the position of No. 12 on MILL LANE.