MILL HOUSE, MILL LANE, AVENING, TETBURY, GL8 8PD - £545,000

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 HOUSE is a very large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £545,000 in May 2022, which was around 21% below the average May 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows four sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the four MILL HOUSE 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
2022 27 MAY	£545,000	£691,391	21% below HPI
2017 7 JUL	£332,500	£528,205	37% below HPI
1998 11 SEP	£132,000	£176,906	25% below HPI
1996 26 NOV	£129,000	£140,792	8% below HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The four MILL HOUSE sales between November 1996 and May 2022 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 167m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses in Avening, based on EPC data. The below chart shows the distribution of detached houses by size in Avening, and where MILL HOUSE lies on this distribution: 83% of detached houses are smaller than MILL HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Avening.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of MILL HOUSE, 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 HOUSE). 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 HOUSE?

MILL HOUSE is located on MILL LANE in AVENING, in the GL8 postcode district. The below map shows the position of MILL HOUSE on MILL LANE.