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
14 MILLFIELD is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £435,000 in October 2020, which was around 27% below the average October 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 14 MILLFIELD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 14 MILLFIELD 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 |
---|---|---|---|
2020 13 OCT | £435,000 | £594,646 | 27% below HPI |
2009 22 DEC | £338,000 | £371,999 | 9% below HPI |
2001 21 SEP | £235,000 | £275,992 | 15% below HPI |
1997 1 SEP | £140,000 | £157,094 | 11% below HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 14 MILLFIELD sales between September 1997 and October 2020 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
14 MILLFIELD is 130m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where 14 MILLFIELD lies on this distribution: 41% of detached houses are smaller than 14 MILLFIELD, and 59% of houses are larger. Note that EPC data is not available for all properties in Lambourn.
14 MILLFIELD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 14 MILLFIELD, 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 14 MILLFIELD). 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.
14 MILLFIELD is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 14 on MILLFIELD.