12, MILL RISE, BOURTON, GILLINGHAM, SP8 5DH - £325,000

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 RISE is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2015, which was around 13% below the average September 2015 detached price in the Dorset local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

12 MILL RISE Sold Prices

Land registry data shows three sales for 12 MILL RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Two of the three 12 MILL RISE sales were for below the average price, whilst one was 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
2015 30 SEP	£325,000	£371,859	13% below HPI
2002 21 JUN	£220,000	£208,365	6% above HPI
1997 1 JUL	£104,000	£107,105	3% below HPI

12 MILL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 12 MILL RISE sales between July 1997 and September 2015 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 June 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 MILL RISE?

12 MILL RISE is 139m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where 12 MILL RISE lies on this distribution: 48% of detached houses are smaller than 12 MILL RISE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bourton.

12 MILL RISE: Plot and Title Map

12 MILL RISE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 12 MILL RISE, 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 RISE). 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 RISE?

12 MILL RISE is located in BOURTON, in the SP8 postcode district. The below map shows the position of No. 12 on MILL RISE.