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
42 MILL LANE is a midsized extended detached house of 234m², built sometime between 1900 and 1929. It was last sold for £655,000 in December 2002, which was around 80% above the average December 2002 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 42 MILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 42 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 |
---|---|---|---|
2002 3 DEC | £655,000 | £364,807 | 80% above HPI |
1997 5 SEP | £299,999 | £187,384 | 60% above HPI |
The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 42 MILL LANE sales from September 1997 and December 2002 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 September 1997 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2002 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.
42 MILL LANE is 234m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Gerrards Cross, based on EPC data. The below chart shows the distribution of detached houses by size in Gerrards Cross, and where 42 MILL LANE lies on this distribution: 52% of detached houses are smaller than 42 MILL LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gerrards Cross.
42 MILL LANE sits on a plot of roughly 0.223 of an acre, or 900m². The below map shows the location of 42 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 42 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.
42 MILL LANE is located in GERRARDS CROSS, in the SL9 postcode district. The below map shows the position of No. 42 on MILL LANE.