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

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

THE MILL HOUSE is a very large detached house of 371m², built sometime between 1996 and 2002. It was last sold for £1,850,000 in May 2022, which was around 312% 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	£448,607	312% above HPI
2019 22 JUL	£1,560,000	£363,053	330% above HPI
2016 7 JUL	£1,556,350	£346,649	349% above HPI
2009 1 OCT	£1,200,000	£262,490	357% above HPI
2001 30 MAY	£820,000	£155,937	426% above HPI
1998 8 OCT	£600,000	£123,162	387% 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 330% above the HPI. So the extrapolation line tracks at 330% above the HPI over time, until the May 2022 sale, where it falls to 312% above the HPI. The line then continues to track at 312% above the HPI.

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 in Mill Green, based on EPC data. The below chart shows the distribution of detached houses by size in Mill Green, and where THE MILL HOUSE lies on this distribution: 95% of detached 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.