15, BANK MILL, BERKHAMSTED, HP4 2ER - £357,500

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

15 BANK MILL is a very small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £357,500 in March 2014, which was around 40% below the average March 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was C.

15 BANK MILL Sold Prices

Land registry data shows two sales for 15 BANK MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 15 BANK MILL 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
2014 7 MAR	£357,500	£592,127	40% below HPI
2013 29 NOV	£365,000	£577,352	37% below HPI

15 BANK MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 15 BANK MILL sales from November 2013 and March 2014 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 15 BANK MILL?

15 BANK MILL is 100m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where 15 BANK MILL lies on this distribution: 14% of detached houses are smaller than 15 BANK MILL, and 86% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

15 BANK MILL: Plot and Title Map

15 BANK MILL sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 15 BANK MILL, 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 15 BANK MILL). 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 15 BANK MILL?

15 BANK MILL is located in BERKHAMSTED, in the HP4 postcode district. The below map shows the position of No. 15 on BANK MILL.