13, MILL LANE, BENSON, WALLINGFORD, OX10 6SA - £470,000

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.

13 MILL LANE is a very small extended detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £617,456. It was last sold for £470,000 in February 2016, which was around 22% below the average February 2016 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

13 MILL LANE Sold Prices

Land registry data shows three sales for 13 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 South Oxfordshire local authority area for the corresponding sale date. All of the three 13 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 26 FEB	£470,000	£600,703	22% below HPI
2007 4 JUN	£330,000	£444,476	26% below HPI
2001 4 APR	£205,000	£265,764	23% below HPI

13 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 13 MILL LANE sales between April 2001 and February 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 June 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 13 MILL LANE be worth now?

13 MILL LANE might now be worth an estimated £617,456.

This is based on house price inflation of 31.4%, between February 2016 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 13 MILL LANE of £470,000 on 26th February 2016. For the value to have increased from £470,000 to £617,456 over the nine years to February 2025, the following assumptions must hold true:

• The value of 13 MILL LANE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The February 2016 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MILL LANE has not materially changed since February 2016.

How Large is 13 MILL LANE?

13 MILL LANE is 93m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Benson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Benson, and where 13 MILL LANE lies on this distribution: 14% of detached houses houses are smaller than 13 MILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Benson.

13 MILL LANE: Plot and Title Map

13 MILL LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 13 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 13 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 13 MILL LANE?

13 MILL LANE is located in BENSON, in the OX10 postcode district. The below map shows the position of No. 13 on MILL LANE.