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
55 MILL LANE is a very large extended detached house of 221m², built sometime between 1930 and 1949. It was last sold for £793,600 in March 2022, which was around 107% above the average March 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 55 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 Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 55 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 23 MAR | £793,600 | £382,920 | 107% above HPI |
1997 17 JAN | £164,000 | £91,535 | 79% above HPI |
The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 55 MILL LANE sales from January 1997 and March 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 January 1997 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the March 2022 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.
55 MILL LANE is 221m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 55 MILL LANE lies on this distribution: 95% of detached houses are smaller than 55 MILL LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Chester.
55 MILL LANE sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of 55 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 55 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.
55 MILL LANE is located in UPTON, in the CH2 postcode district. The below map shows the position of No. 55 on MILL LANE.