31, MILL LANE, CHINNOR, OX39 4QU - £430,000

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.

31 MILL LANE is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £482,311. It was last sold for £430,000 in September 2020, which was around 39% below the average September 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

31 MILL LANE Sold Prices

Land registry data shows three sales for 31 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 South Oxfordshire local authority area for the corresponding sale date. All of the three 31 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
2020 1 SEP	£430,000	£703,573	39% below HPI
1999 30 APR	£143,000	£200,628	29% below HPI
1998 6 MAR	£127,000	£172,471	26% below HPI

31 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 31 MILL LANE sales between March 1998 and September 2020 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 April 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 31 MILL LANE be worth now?

31 MILL LANE might now be worth an estimated £482,311.

This is based on house price inflation of 12.2%, between September 2020 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 31 MILL LANE of £430,000 on 1st September 2020. For the value to have increased from £430,000 to £482,311 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 MILL LANE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The September 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL LANE has not materially changed since September 2020.

How Large is 31 MILL LANE?

31 MILL LANE is 85m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses houses in Chinnor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chinnor, and where 31 MILL LANE lies on this distribution: 14% of detached houses houses are smaller than 31 MILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chinnor.

31 MILL LANE: Plot and Title Map

31 MILL LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 31 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 31 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 31 MILL LANE?

31 MILL LANE is located in CHINNOR, in the OX39 postcode district. The below map shows the position of No. 31 on MILL LANE.