MILLERS, LAUNDRY LANE, MOUNTNESSING, BRENTWOOD, CM15 0TE - £1,560,000

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

MILLERS is a very large extended detached house of 281m², built sometime between 1976 and 1982. It was last sold for £1,560,000 in August 2023, which was around 81% above the average August 2023 detached price in the Brentwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

MILLERS Sold Prices

Land registry data shows two sales for MILLERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two MILLERS 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
2023 24 AUG	£1,560,000	£863,914	81% above HPI
2017 28 JUL	£1,100,000	£754,822	46% above HPI

MILLERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two MILLERS sales from July 2017 and August 2023 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 July 2017 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2023 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is MILLERS?

MILLERS is 281m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Mountnessing, based on EPC data. The below chart shows the distribution of detached houses by size in Mountnessing, and where MILLERS lies on this distribution: 98% of detached houses are smaller than MILLERS, and 2% of houses are larger. Note that EPC data is not available for all properties in Mountnessing.

MILLERS: Plot and Title Map

MILLERS sits on a plot of roughly 0.622 of an acre, or 2,516m². The below map shows the location of MILLERS, 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 MILLERS). 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 MILLERS?

MILLERS is located on LAUNDRY LANE in MOUNTNESSING, in the CM15 postcode district. The below map shows the position of MILLERS on LAUNDRY LANE.