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
40 MILL LANE is a very large detached house of 246m², built sometime before 1900. It was last sold for £800,000 in February 2021, which was around 51% above the average February 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 40 MILL LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the five 40 MILL LANE sales were for above 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 |
---|---|---|---|
2021 24 FEB | £800,000 | £530,133 | 51% above HPI |
2013 12 APR | £542,000 | £353,949 | 53% above HPI |
2009 24 JUL | £535,000 | £306,641 | 74% above HPI |
2004 3 SEP | £433,000 | £291,876 | 48% above HPI |
1999 22 APR | £275,000 | £143,246 | 92% above HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The five 40 MILL LANE sales between April 1999 and February 2021 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 2013 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.
40 MILL LANE is 246m² according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses in Linton, based on EPC data. The below chart shows the distribution of detached houses by size in Linton, and where 40 MILL LANE lies on this distribution: 96% of detached houses are smaller than 40 MILL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Linton.
40 MILL LANE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 40 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 40 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.
40 MILL LANE is located in LINTON, in the CB21 postcode district. The below map shows the position of No. 40 on MILL LANE.