MILLWOOD, MILL LANE, GREAT BARROW, CHESTER, CH3 7JF - £485,000

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

MILLWOOD is a large detached house of 160m², built sometime between 1967 and 1975. It was last sold for £485,000 in November 2019, which was around 50% above the average November 2019 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

MILLWOOD Sold Prices

Land registry data shows three sales for MILLWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three MILLWOOD 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
2019 29 NOV	£485,000	£322,395	50% above HPI
2002 7 OCT	£280,000	£172,330	62% above HPI
2001 23 NOV	£202,000	£147,929	37% above HPI

MILLWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three MILLWOOD sales between November 2001 and November 2019 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 October 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2019 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is MILLWOOD?

MILLWOOD is 160m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Great Barrow, based on EPC data. The below chart shows the distribution of detached houses by size in Great Barrow, and where MILLWOOD lies on this distribution: 64% of detached houses are smaller than MILLWOOD, and 36% of houses are larger. Note that EPC data is not available for all properties in Great Barrow.

MILLWOOD: Plot and Title Map

MILLWOOD sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of MILLWOOD, 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 MILLWOOD). 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 MILLWOOD?

MILLWOOD is located on MILL LANE in GREAT BARROW, in the CH3 postcode district. The below map shows the position of MILLWOOD on MILL LANE.