8, MILL LANE, SANDY, SG19 1NH - £399,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MILL LANE is a midsized extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £399,950 in September 2021, which was around 22% below the average September 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

8 MILL LANE Sold Prices

Land registry data shows four sales for 8 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 Central Bedfordshire local authority area for the corresponding sale date. All of the four 8 MILL LANE 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
2021 28 SEP	£399,950	£513,019	22% below HPI
2010 12 FEB	£277,500	£301,384	8% below HPI
2001 4 JUN	£122,000	£186,883	35% below HPI
1999 26 JUL	£95,000	£141,935	33% below HPI

8 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 8 MILL LANE sales between July 1999 and September 2021 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 February 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 MILL LANE?

8 MILL LANE is 124m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 8 MILL LANE lies on this distribution: 60% of detached houses are smaller than 8 MILL LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sandy.

8 MILL LANE: Plot and Title Map

8 MILL LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 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 8 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 8 MILL LANE?

8 MILL LANE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 8 on MILL LANE.