MILL WOOD, SCAR BOTTOM LANE, GREETLAND, HALIFAX, HX4 8PG - £284,000

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 WOOD is a very large detached house of 296m², built sometime between 2003 and 2006, which could now be worth an estimated £470,180. It was last sold for £284,000 in June 2011, which was around 35% above the average June 2011 detached price in the Calderdale local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

MILL WOOD Sold Prices

Land registry data shows three sales for MILL WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Calderdale local authority area for the corresponding sale date. All of the three MILL WOOD 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
2011 28 JUN	£284,000	£211,131	35% above HPI
2005 19 SEP	£400,000	£200,440	100% above HPI
2005 23 MAR	£400,000	£182,778	119% above HPI

MILL WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Calderdale local authority area over time, sourced from the HPI. The three MILL WOOD sales between March 2005 and June 2011 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 September 2005 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the June 2011 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might MILL WOOD be worth now?

MILL WOOD might now be worth an estimated £470,180.

This is based on house price inflation of 65.6%, between June 2011 and February 2025, for detached houses, in the Calderdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for MILL WOOD of £284,000 on 28th June 2011. For the value to have increased from £284,000 to £470,180 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of MILL WOOD has moved in line with the HPI for detached houses in the Calderdale local authority area.
• The June 2011 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of MILL WOOD has not materially changed since June 2011.

How Large is MILL WOOD?

MILL WOOD is 296m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses houses in Elland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elland, and where MILL WOOD lies on this distribution: 98% of detached houses houses are smaller than MILL WOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Elland.

MILL WOOD: Plot and Title Map

MILL WOOD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of MILL WOOD, 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 WOOD). 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 WOOD?

MILL WOOD is located on SCAR BOTTOM LANE in GREETLAND, in the HX4 postcode district. The below map shows the position of MILL WOOD on SCAR BOTTOM LANE.