1A, MILL LANE, GREAT HAYWOOD, STAFFORD, ST18 0RJ - £195,000

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

1A MILL LANE is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £195,000 in July 2014, which was around 21% below the average July 2014 detached price in the Stafford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

1A MILL LANE Sold Prices

Land registry data shows four sales for 1A MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Most of the four 1A MILL LANE 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 4 JUL	£195,000	£247,351	21% below HPI
2013 31 OCT	£185,000	£238,206	22% below HPI
2006 14 FEB	£215,000	£222,888	4% below HPI
1998 12 OCT	£104,000	£98,071	6% above HPI

1A MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The four 1A MILL LANE sales between October 1998 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 October 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1A MILL LANE?

1A MILL LANE is 87m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Great Haywood, based on EPC data. The below chart shows the distribution of detached houses by size in Great Haywood, and where 1A MILL LANE lies on this distribution: 19% of detached houses are smaller than 1A MILL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Great Haywood.

1A MILL LANE: Plot and Title Map

1A MILL LANE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 1A 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 1A 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 1A MILL LANE?

1A MILL LANE is located in GREAT HAYWOOD, in the ST18 postcode district. The below map shows the position of No. 1A on MILL LANE.