MILL LODGE, WINDMILL CLOSE, WICK, COWBRIDGE, CF71 7QU - £386,000

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 LODGE is a large extended detached house of 186m², built sometime between 1967 and 1975. It was last sold for £386,000 in January 2017, which was around 16% above the average January 2017 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

MILL LODGE Sold Prices

Land registry data shows three sales for MILL LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the three MILL LODGE 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
2017 6 JAN	£386,000	£334,039	16% above HPI
2009 23 MAR	£300,000	£249,355	20% above HPI
1998 1 APR	£140,000	£101,705	38% above HPI

MILL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The three MILL LODGE sales between April 1998 and January 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 March 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is MILL LODGE?

MILL LODGE is 186m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 30% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where MILL LODGE lies on this distribution: 78% of detached houses are smaller than MILL LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wick.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of MILL LODGE, 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 LODGE). 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 LODGE?

MILL LODGE is located on WINDMILL CLOSE in WICK, in the CF71 postcode district. The below map shows the position of MILL LODGE on WINDMILL CLOSE.