MILL COTTAGE, EAST HANNEY, WANTAGE, OX12 0JJ - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILL COTTAGE is a small extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £709,889. It was last sold for £570,000 in June 2018, which was around 5% above the average June 2018 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows two sales for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. Both of the two MILL COTTAGE 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
2018 1 JUN	£570,000	£542,827	5% above HPI
2009 29 MAY	£390,000	£338,765	15% above HPI

MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two MILL COTTAGE sales from May 2009 and June 2018 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 May 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might MILL COTTAGE be worth now?

MILL COTTAGE might now be worth an estimated £709,889.

This is based on house price inflation of 24.5%, between June 2018 and February 2025, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for MILL COTTAGE of £570,000 on 1st June 2018. For the value to have increased from £570,000 to £709,889 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of MILL COTTAGE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The June 2018 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of MILL COTTAGE has not materially changed since June 2018.

How Large is MILL COTTAGE?

MILL COTTAGE is 138m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in East Hanney, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Hanney, and where MILL COTTAGE lies on this distribution: 33% of detached houses houses are smaller than MILL COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in East Hanney.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of MILL COTTAGE, 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 COTTAGE). 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 COTTAGE?

MILL COTTAGE is located in EAST HANNEY, in the OX12 postcode district. The below map shows the position of MILL COTTAGE in EAST HANNEY.