14, MILLFIELD, LAMBOURN, HUNGERFORD, RG17 8YQ - £435,000

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.

14 MILLFIELD is a small extended detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £497,907. It was last sold for £435,000 in October 2020, which was around 29% 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.

14 MILLFIELD Sold Prices

Land registry data shows four sales for 14 MILLFIELD since 1^st 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	£614,430	29% below HPI
2009 22 DEC	£338,000	£384,376	12% below HPI
2001 21 SEP	£235,000	£285,174	18% below HPI
1997 1 SEP	£140,000	£162,320	14% below HPI

14 MILLFIELD Price Paid vs. HPI Average

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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 MILLFIELD be worth now?

14 MILLFIELD might now be worth an estimated £497,907.

This is based on house price inflation of 14.5%, between October 2020 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% inflationary increase is applied to the most recent sale price for 14 MILLFIELD of £435,000 on 13th October 2020. For the value to have increased from £435,000 to £497,907 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 MILLFIELD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MILLFIELD has not materially changed since October 2020.

How Large is 14 MILLFIELD?

14 MILLFIELD is 130m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lambourn, and where 14 MILLFIELD lies on this distribution: 40% of detached houses houses are smaller than 14 MILLFIELD, and 60% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

14 MILLFIELD: Plot and Title Map

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.

Where is 14 MILLFIELD?

14 MILLFIELD is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 14 on MILLFIELD.