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 MILLCROFT GARDENS is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £365,000 in October 2016, which was around 19% below the average October 2016 detached price in the Adur local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 7 MILLCROFT GARDENS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three 7 MILLCROFT GARDENS sales were 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 |
---|---|---|---|
2016 24 OCT | £365,000 | £452,009 | 19% below HPI |
1999 18 MAR | £102,000 | £117,020 | 13% below HPI |
1998 9 APR | £73,000 | £105,753 | 31% below HPI |
The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 7 MILLCROFT GARDENS sales between April 1998 and October 2016 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
7 MILLCROFT GARDENS is 123m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 7 MILLCROFT GARDENS lies on this distribution: 72% of detached houses are smaller than 7 MILLCROFT GARDENS, and 27% of houses are larger. Note that EPC data is not available for all properties in Southwick.
7 MILLCROFT GARDENS sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 7 MILLCROFT GARDENS, 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 MILLCROFT GARDENS). 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.
7 MILLCROFT GARDENS is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 7 on MILLCROFT GARDENS.