MILLSTONE HOUSE, MILL LANE, CORSTON, MALMESBURY, SN16 0HH - £600,000

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

MILLSTONE HOUSE is a very small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £600,000 in December 2022, which was around 20% above the average December 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

MILLSTONE HOUSE Sold Prices

Land registry data shows four sales for MILLSTONE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Most of the four MILLSTONE HOUSE 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
2022 1 DEC	£600,000	£499,299	20% above HPI
2018 16 FEB	£417,000	£412,158	1% above HPI
2004 17 SEP	£281,500	£290,431	3% below HPI
1997 25 SEP	£138,000	£116,389	19% above HPI

MILLSTONE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four MILLSTONE HOUSE sales between September 1997 and December 2022 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 February 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is MILLSTONE HOUSE?

MILLSTONE HOUSE is 92m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Corston, based on EPC data. The below chart shows the distribution of detached houses by size in Corston, and where MILLSTONE HOUSE lies on this distribution: 11% of detached houses are smaller than MILLSTONE HOUSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Corston.

MILLSTONE HOUSE: Plot and Title Map

MILLSTONE HOUSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of MILLSTONE HOUSE, 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 MILLSTONE HOUSE). 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 MILLSTONE HOUSE?

MILLSTONE HOUSE is located on MILL LANE in CORSTON, in the SN16 postcode district. The below map shows the position of MILLSTONE HOUSE on MILL LANE.