MILL COTTAGE, MILL LANE, TEAN, STOKE-ON-TRENT, ST10 4LL - £185,000

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

MILL COTTAGE is a very small extended detached house of 67m², built sometime before 1900. It was last sold for £185,000 in August 2005, which was about the average August 2005 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. The three MILL COTTAGE sales were a mix of roughly equal to the average price, and 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
2005 11 AUG	£185,000	£184,912	Close to HPI
2001 12 JAN	£80,000	£87,903	9% below HPI
1997 30 MAY	£65,000	£70,616	8% below HPI

MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The three MILL COTTAGE sales between May 1997 and August 2005 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 67m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Lower Tean, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Tean, and where MILL COTTAGE lies on this distribution: 5% of detached houses are smaller than MILL COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lower Tean.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.051 of an acre, or 205m². 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 on MILL LANE in TEAN, in the ST10 postcode district. The below map shows the position of MILL COTTAGE on MILL LANE.