5, MILL MEAD, ASHINGTON, PULBOROUGH, RH20 3BE - £795,000

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 MEAD is a large extended detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £795,746. It was last sold for £795,000 in August 2022, which was around 6% above the average August 2022 detached price in the Horsham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 MILL MEAD Sold Prices

Land registry data shows two sales for 5 MILL MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 5 MILL MEAD 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 24 AUG	£795,000	£749,742	6% above HPI
2002 22 MAR	£320,000	£307,745	4% above HPI

5 MILL MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 5 MILL MEAD sales from March 2002 and August 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 March 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 MILL MEAD be worth now?

5 MILL MEAD might now be worth an estimated £795,746.

This is based on house price inflation of 0.1%, between August 2022 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% inflationary increase is applied to the most recent sale price for 5 MILL MEAD of £795,000 on 24th August 2022. For the value to have increased from £795,000 to £795,746 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MILL MEAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The August 2022 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL MEAD has not materially changed since August 2022.

How Large is 5 MILL MEAD?

5 MILL MEAD is 169m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 5 MILL MEAD lies on this distribution: 75% of detached houses houses are smaller than 5 MILL MEAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Ashington.

5 MILL MEAD: Plot and Title Map

5 MILL MEAD sits on a plot of roughly 0.297 of an acre, or 1,203m². The below map shows the location of 5 MILL MEAD, 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 MEAD). 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 MEAD?

5 MILL MEAD is located in ASHINGTON, in the RH20 postcode district. The below map shows the position of No. 5 on MILL MEAD.