THE MILL HOUSE, MILL LANE, ALDRIDGE, WALSALL, WS9 0LZ - £1,850,000

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.

THE MILL HOUSE is a very large detached house of 371m², built sometime between 1996 and 2002, which could now be worth an estimated £2,049,040. It was last sold for £1,850,000 in May 2022, which was around 302% above the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

THE MILL HOUSE Sold Prices

Land registry data shows six sales for THE MILL HOUSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the six THE MILL 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 19 MAY	£1,850,000	£459,693	302% above HPI
2019 22 JUL	£1,560,000	£372,025	319% above HPI
2016 7 JUL	£1,556,350	£355,216	338% above HPI
2009 1 OCT	£1,200,000	£268,976	346% above HPI
2001 30 MAY	£820,000	£159,790	413% above HPI
1998 8 OCT	£600,000	£126,206	375% above HPI

THE MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The six THE MILL HOUSE sales between October 1998 and May 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 July 2019 sale was for 319% above the HPI. So the extrapolation line tracks at 319% above the HPI over time, until the May 2022 sale, where it falls to 302% above the HPI. The line then continues to track at 302% above the HPI.

What might THE MILL HOUSE be worth now?

THE MILL HOUSE might now be worth an estimated £2,049,040.

This is based on house price inflation of 10.8%, between May 2022 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for THE MILL HOUSE of £1,850,000 on 19th May 2022. For the value to have increased from £1,850,000 to £2,049,040 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of THE MILL HOUSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2022 sale price of £1,850,000 represented a fair market value for the property.
• The size, condition, and specification of THE MILL HOUSE has not materially changed since May 2022.

How Large is THE MILL HOUSE?

THE MILL HOUSE is 371m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses houses in Mill Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mill Green, and where THE MILL HOUSE lies on this distribution: 95% of detached houses houses are smaller than THE MILL HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Mill Green.

THE MILL HOUSE: Plot and Title Map

THE MILL HOUSE sits on a plot of roughly 0.570 of an acre, or 2,307m². The below map shows the location of THE MILL 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 THE MILL 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 THE MILL HOUSE?

THE MILL HOUSE is located on MILL LANE in ALDRIDGE, in the WS9 postcode district. The below map shows the position of THE MILL HOUSE on MILL LANE.