5, MILL LANE, HIGHCLIFFE, CHRISTCHURCH, BH23 5LA - £1,200,000

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

5 MILL LANE is a very large extended detached house of 299m², built sometime between 1976 and 1982. It was last sold for £1,200,000 in April 2022, which was around 124% above the average April 2022 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

5 MILL LANE Sold Prices

Land registry data shows three sales for 5 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 Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the three 5 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
2022 1 APR	£1,200,000	£534,866	124% above HPI
2009 30 JUL	£622,500	£291,833	113% above HPI
2006 3 JUL	£625,000	£305,119	105% above HPI

5 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The three 5 MILL LANE sales between July 2006 and April 2022 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 July 2009 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the April 2022 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is 5 MILL LANE?

5 MILL LANE is 299m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Christchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Christchurch, and where 5 MILL LANE lies on this distribution: 99% of detached houses are smaller than 5 MILL LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Christchurch.

5 MILL LANE: Plot and Title Map

5 MILL LANE sits on a plot of roughly 0.307 of an acre, or 1,243m². The below map shows the location of 5 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 5 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 5 MILL LANE?

5 MILL LANE is located in HIGHCLIFFE, in the BH23 postcode district. The below map shows the position of No. 5 on MILL LANE.