16, MILLFIELD, LAMBOURN, HUNGERFORD, RG17 8YQ - £250,000

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 MILLFIELD is a small detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £411,718. It was last sold for £250,000 in August 2012, which was around 41% below the average August 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

16 MILLFIELD Sold Prices

Land registry data shows two sales for 16 MILLFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 16 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
2012 24 AUG	£250,000	£427,043	41% below HPI
1995 27 JAN	£111,000	£130,323	15% below HPI

16 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 two 16 MILLFIELD sales from January 1995 and August 2012 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 January 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 MILLFIELD be worth now?

16 MILLFIELD might now be worth an estimated £411,718.

This is based on house price inflation of 64.7%, between August 2012 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 64.7% inflationary increase is applied to the most recent sale price for 16 MILLFIELD of £250,000 on 24th August 2012. For the value to have increased from £250,000 to £411,718 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 16 MILLFIELD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILLFIELD has not materially changed since August 2012.

How Large is 16 MILLFIELD?

16 MILLFIELD is 120m² according to the EPC inspection conducted in December 2011. 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 16 MILLFIELD lies on this distribution: 32% of detached houses houses are smaller than 16 MILLFIELD, and 68% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

16 MILLFIELD: Plot and Title Map

16 MILLFIELD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 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 16 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 16 MILLFIELD?

16 MILLFIELD is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 16 on MILLFIELD.