7, MILL LANE, WAREHAM, BH20 4QX - £515,000

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

7 MILL LANE is a large extended detached house of 129m², built sometime before 1900. It was last sold for £515,000 in June 2024, which was about the average June 2024 detached price in the Dorset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

7 MILL LANE Sold Prices

Land registry data shows two sales for 7 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. One of the two 7 MILL LANE sales was roughly equal to the average price, whilst the other was for below 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
2024 7 JUN	£515,000	£513,058	Close to HPI
2010 4 JUN	£235,000	£318,043	26% below HPI

7 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 7 MILL LANE sales from June 2010 and June 2024 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 June 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 MILL LANE?

7 MILL LANE is 129m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Wareham, based on EPC data. The below chart shows the distribution of detached houses by size in Wareham, and where 7 MILL LANE lies on this distribution: 69% of detached houses are smaller than 7 MILL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Wareham.

7 MILL LANE: Plot and Title Map

7 MILL LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 7 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 7 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 7 MILL LANE?

7 MILL LANE is located in WAREHAM, in the BH20 postcode district. The below map shows the position of No. 7 on MILL LANE.