74, MILL LANE, BROCKWORTH, GLOUCESTER, GL3 4QD - £330,000

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

74 MILL LANE is a large detached house of 124m², built sometime from 2007 onwards. It was last sold for £330,000 in October 2020, which was around 27% below the average October 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

74 MILL LANE Sold Prices

Land registry data shows four sales for 74 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 Tewkesbury local authority area for the corresponding sale date. two of the four 74 MILL LANE sales were for below the average price, and four 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
2020 29 OCT	£330,000	£449,819	27% below HPI
2009 25 SEP	£250,000	£272,962	8% below HPI
2001 3 DEC	£292,000	£195,624	49% above HPI
2000 8 DEC	£221,100	£173,384	28% above HPI

74 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four 74 MILL LANE sales between December 2000 and October 2020 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 September 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 74 MILL LANE?

74 MILL LANE is 124m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Brockworth, based on EPC data. The below chart shows the distribution of detached houses by size in Brockworth, and where 74 MILL LANE lies on this distribution: 61% of detached houses are smaller than 74 MILL LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Brockworth.

74 MILL LANE: Plot and Title Map

74 MILL LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 74 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 74 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 74 MILL LANE?

74 MILL LANE is located in BROCKWORTH, in the GL3 postcode district. The below map shows the position of No. 74 on MILL LANE.