MILL HOUSE, MILL LANE, BROOM, ALCESTER, B50 4HS - £661,000

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 HOUSE is a very large detached house of 243m², built sometime before 1900, which could now be worth an estimated £858,432. It was last sold for £661,000 in May 2017, which was around 42% above the average May 2017 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. One of the two MILL HOUSE sales was for above the average price, whilst the other was 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
2017 23 MAY	£661,000	£464,744	42% above HPI
1996 11 NOV	£118,000	£128,471	8% below HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two MILL HOUSE sales from November 1996 and May 2017 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 November 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2017 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £858,432.

This is based on house price inflation of 29.9%, between May 2017 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for MILL HOUSE of £661,000 on 23rd May 2017. For the value to have increased from £661,000 to £858,432 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The May 2017 sale price of £661,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since May 2017.

How Large is MILL HOUSE?

MILL HOUSE is 243m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Broom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broom, and where MILL HOUSE lies on this distribution: 92% of detached houses houses are smaller than MILL HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Broom.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.201 of an acre, or 813m². 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 BROOM, in the B50 postcode district. The below map shows the position of MILL HOUSE on MILL LANE.