15, MILL MEAD, ASHINGTON, PULBOROUGH, RH20 3BE - £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.

15 MILL MEAD is a small detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £536,145. It was last sold for £470,000 in February 2019, which was around 29% below the average February 2019 detached price in the Horsham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

15 MILL MEAD Sold Prices

Land registry data shows five sales for 15 MILL MEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the five 15 MILL MEAD 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
2019 8 FEB	£470,000	£657,862	29% below HPI
2013 7 OCT	£359,950	£514,083	30% below HPI
2007 9 NOV	£335,000	£491,728	32% below HPI
2003 17 JAN	£270,000	£360,867	25% below HPI
1998 22 DEC	£164,950	£193,126	15% below HPI

15 MILL MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The five 15 MILL MEAD sales between December 1998 and February 2019 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 October 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 MILL MEAD be worth now?

15 MILL MEAD might now be worth an estimated £536,145.

This is based on house price inflation of 14.1%, between February 2019 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 15 MILL MEAD of £470,000 on 8th February 2019. For the value to have increased from £470,000 to £536,145 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 MILL MEAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILL MEAD has not materially changed since February 2019.

How Large is 15 MILL MEAD?

15 MILL MEAD is 120m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 15 MILL MEAD lies on this distribution: 36% of detached houses houses are smaller than 15 MILL MEAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Ashington.

15 MILL MEAD: Plot and Title Map

15 MILL MEAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 15 MILL MEAD, 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 MILL MEAD). 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 MILL MEAD?

15 MILL MEAD is located in ASHINGTON, in the RH20 postcode district. The below map shows the position of No. 15 on MILL MEAD.