MILLBANK, MILL END, CHELTENHAM, GL54 3HJ - £1,550,000

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

MILLBANK is a very large extended detached house of 305m², built sometime before 1900. It was last sold for £1,550,000 in October 2020, which was around 149% above the average October 2020 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

MILLBANK Sold Prices

Land registry data shows three sales for MILLBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three MILLBANK 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
2020 29 OCT	£1,550,000	£621,950	149% above HPI
2019 6 JUN	£1,355,000	£557,850	143% above HPI
2007 30 MAY	£1,090,000	£400,915	172% above HPI

MILLBANK 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 three MILLBANK sales between May 2007 and October 2020 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 June 2019 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the October 2020 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is MILLBANK?

MILLBANK is 305m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Northleach, based on EPC data. The below chart shows the distribution of detached houses by size in Northleach, and where MILLBANK lies on this distribution: 99% of detached houses are smaller than MILLBANK, and 1% of houses are larger. Note that EPC data is not available for all properties in Northleach.

MILLBANK: Plot and Title Map

MILLBANK sits on a plot of roughly 0.560 of an acre, or 2,266m². The below map shows the location of MILLBANK, 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 MILLBANK). 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 MILLBANK?

MILLBANK is located in MILL END, in the GL54 postcode district. The below map shows the position of MILLBANK in MILL END.