5, MILL LANE, KINGS SUTTON, BANBURY, OX17 3RG - £460,000

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.

5 MILL LANE is a large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £709,532. It was last sold for £460,000 in August 2014, which was around 50% above the average August 2014 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

5 MILL LANE Sold Prices

Land registry data shows four sales for 5 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 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
2014 8 AUG	£460,000	£307,536	50% above HPI
2004 21 APR	£399,000	£237,899	68% above HPI
2002 29 NOV	£350,000	£206,609	69% above HPI
1995 13 NOV	£147,500	£84,965	74% above HPI

5 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 5 MILL LANE sales between November 1995 and August 2014 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 2004 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the August 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 5 MILL LANE be worth now?

5 MILL LANE might now be worth an estimated £709,532.

This is based on house price inflation of 54.2%, between August 2014 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for 5 MILL LANE of £460,000 on 8th August 2014. For the value to have increased from £460,000 to £709,532 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MILL LANE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The August 2014 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL LANE has not materially changed since August 2014.

How Large is 5 MILL LANE?

5 MILL LANE is 162m² according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses houses in Kings Sutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Sutton, and where 5 MILL LANE lies on this distribution: 72% of detached houses houses are smaller than 5 MILL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Kings Sutton.

5 MILL LANE: Plot and Title Map

5 MILL LANE sits on a plot of roughly 0.157 of an acre, or 636m². 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 KINGS SUTTON, in the OX17 postcode district. The below map shows the position of No. 5 on MILL LANE.