Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 MILLFIELD is a small detached house of 120m², built sometime between 1976 and 1982. It was last sold for £250,000 in August 2012, which was around 40% 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.
Land registry data shows two sales for 16 MILLFIELD since 1st 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 | £413,293 | 40% below HPI |
1995 27 JAN | £111,000 | £126,127 | 12% below HPI |
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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
16 MILLFIELD is 120m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where 16 MILLFIELD lies on this distribution: 33% of detached houses are smaller than 16 MILLFIELD, and 67% of houses are larger. Note that EPC data is not available for all properties in Lambourn.
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.
16 MILLFIELD is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 16 on MILLFIELD.