4, MILL LANE COTTAGES, MILL LANE, STEDHAM, MIDHURST, GU29 0PR - £360,000

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

4 MILL LANE COTTAGES is a very small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £360,000 in January 2020, which was around 39% below the average January 2020 detached price in the Chichester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

4 MILL LANE COTTAGES Sold Prices

Land registry data shows two sales for 4 MILL LANE COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 4 MILL LANE COTTAGES 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 9 JAN	£360,000	£588,123	39% below HPI
1997 12 DEC	£93,000	£156,138	40% below HPI

4 MILL LANE COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two 4 MILL LANE COTTAGES sales from December 1997 and January 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 December 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4 MILL LANE COTTAGES?

4 MILL LANE COTTAGES is 92m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses by size in Stedham, and where 4 MILL LANE COTTAGES lies on this distribution: 18% of detached houses are smaller than 4 MILL LANE COTTAGES, and 82% of houses are larger. Note that EPC data is not available for all properties in Stedham.

4 MILL LANE COTTAGES: Plot and Title Map

4 MILL LANE COTTAGES sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 4 MILL LANE COTTAGES, 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 4 MILL LANE COTTAGES). 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 4 MILL LANE COTTAGES?

4 MILL LANE COTTAGES is located on MILL LANE in STEDHAM, in the GU29 postcode district. The below map shows the position of 4 MILL LANE COTTAGES on MILL LANE.