MILL BANK, MILL LANE, SHALBOURNE, MARLBOROUGH, SN8 3XA - £540,000

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

MILL BANK is a midsized extended detached house of 218m², built sometime between 1967 and 1975. It was last sold for £540,000 in October 2019, which was around 29% above the average October 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

MILL BANK Sold Prices

Land registry data shows two sales for MILL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two MILL BANK sales 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
2019 14 OCT	£540,000	£419,745	29% above HPI
2009 21 JUL	£336,500	£280,210	20% above HPI

MILL BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two MILL BANK sales from July 2009 and October 2019 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 July 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2019 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is MILL BANK?

MILL BANK is 218m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Shalbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Shalbourne, and where MILL BANK lies on this distribution: 54% of detached houses are smaller than MILL BANK, and 46% of houses are larger. Note that EPC data is not available for all properties in Shalbourne.

MILL BANK: Plot and Title Map

MILL BANK sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of MILL BANK, 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 MILL BANK). 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 MILL BANK?

MILL BANK is located on MILL LANE in SHALBOURNE, in the SN8 postcode district. The below map shows the position of MILL BANK on MILL LANE.