9, BANK MILL, BERKHAMSTED, HP4 2ER - £325,000

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

9 BANK MILL is a very small extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £325,000 in November 2010, which was around 40% below the average November 2010 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

9 BANK MILL Sold Prices

Land registry data shows three sales for 9 BANK MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 9 BANK MILL 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
2010 3 NOV	£325,000	£538,309	40% below HPI
2004 29 JAN	£250,000	£413,458	40% below HPI
2000 18 JAN	£165,000	£265,107	38% below HPI

9 BANK MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 9 BANK MILL sales between January 2000 and November 2010 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 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2010 sale, which was also at 40% below the HPI.

How Large is 9 BANK MILL?

9 BANK MILL is 108m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Berkhamsted, based on EPC data. The below chart shows the distribution of detached houses by size in Berkhamsted, and where 9 BANK MILL lies on this distribution: 18% of detached houses are smaller than 9 BANK MILL, and 81% of houses are larger. Note that EPC data is not available for all properties in Berkhamsted.

9 BANK MILL: Plot and Title Map

9 BANK MILL sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 9 BANK MILL, 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 9 BANK MILL). 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 9 BANK MILL?

9 BANK MILL is located in BERKHAMSTED, in the HP4 postcode district. The below map shows the position of No. 9 on BANK MILL.