MILL STONE BARN, MILL LANE, ALDRIDGE, WALSALL, WS9 0LZ - £715,000

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 STONE BARN is a midsized extended detached house of 226m², built sometime between 1996 and 2002. It was last sold for £715,000 in June 2021, which was around 73% above the average June 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was F, and the potential energy rating was D.

MILL STONE BARN Sold Prices

Land registry data shows two sales for MILL STONE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two MILL STONE BARN 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
2021 18 JUN	£715,000	£412,784	73% above HPI
1999 1 APR	£300,000	£119,860	150% above HPI

MILL STONE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two MILL STONE BARN sales from April 1999 and June 2021 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 April 1999 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the June 2021 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is MILL STONE BARN?

MILL STONE BARN is 226m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Mill Green, based on EPC data. The below chart shows the distribution of detached houses by size in Mill Green, and where MILL STONE BARN lies on this distribution: 50% of detached houses are smaller than MILL STONE BARN, and 50% of houses are larger. Note that EPC data is not available for all properties in Mill Green.

MILL STONE BARN: Plot and Title Map

MILL STONE BARN sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of MILL STONE BARN, 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 STONE BARN). 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 STONE BARN?

MILL STONE BARN is located on MILL LANE in ALDRIDGE, in the WS9 postcode district. The below map shows the position of MILL STONE BARN on MILL LANE.