16, MILL LANE, LOWER SLAUGHTER, CHELTENHAM, GL54 2HX - £485,000

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.

16 MILL LANE is a small extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £753,388. It was last sold for £485,000 in July 2014, which was around 9% above the average July 2014 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

16 MILL LANE Sold Prices

Land registry data shows three sales for 16 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 Cotswold local authority area for the corresponding sale date. Two of the three 16 MILL LANE sales were for above the average price, whilst one was 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 25 JUL	£485,000	£446,516	9% above HPI
2010 7 MAY	£405,000	£390,065	4% above HPI
1999 29 APR	£166,500	£168,548	1% below HPI

16 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 16 MILL LANE sales between April 1999 and July 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 May 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2014 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 MILL LANE be worth now?

16 MILL LANE might now be worth an estimated £753,388.

This is based on house price inflation of 55.3%, between July 2014 and February 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 16 MILL LANE of £485,000 on 25th July 2014. For the value to have increased from £485,000 to £753,388 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 16 MILL LANE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The July 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL LANE has not materially changed since July 2014.

How Large is 16 MILL LANE?

16 MILL LANE is 116m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Lower Slaughter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Slaughter, and where 16 MILL LANE lies on this distribution: 22% of detached houses houses are smaller than 16 MILL LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lower Slaughter.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 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 16 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 16 MILL LANE?

16 MILL LANE is located in LOWER SLAUGHTER, in the GL54 postcode district. The below map shows the position of No. 16 on MILL LANE.