THE OLD MILL, OLD MILL LANE, WISBOROUGH GREEN, BILLINGSHURST, RH14 0DA - £760,000

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 OLD MILL is a large extended detached house of 165m², built sometime before 1900, which could now be worth an estimated £747,259. It was last sold for £760,000 in December 2022, which was around 4% above the average December 2022 detached price in the Chichester local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

THE OLD MILL Sold Prices

Land registry data shows three sales for THE OLD MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. One of the three THE OLD MILL sales was for above the average price, whilst two were for below 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 9 DEC	£760,000	£729,001	4% above HPI
2020 20 APR	£550,000	£658,454	16% below HPI
2018 27 APR	£550,000	£609,558	10% below HPI

THE OLD MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three THE OLD MILL sales between April 2018 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 April 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might THE OLD MILL be worth now?

THE OLD MILL might now be worth an estimated £747,259.

This is based on house price deflation of 1.7%, between December 2022 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% deflationary decrease is applied to the most recent sale price for THE OLD MILL of £760,000 on 9th December 2022. For the value to have decreased from £760,000 to £747,259 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of THE OLD MILL has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2022 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD MILL has not materially changed since December 2022.

How Large is THE OLD MILL?

THE OLD MILL is 165m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 40% of detached houses houses in Wisborough Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisborough Green, and where THE OLD MILL lies on this distribution: 61% of detached houses houses are smaller than THE OLD MILL, and 39% of houses are larger. Note that EPC data is not available for all properties in Wisborough Green.

THE OLD MILL: Plot and Title Map

THE OLD MILL sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of THE OLD MILL, 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 OLD MILL). 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 OLD MILL?

THE OLD MILL is located on OLD MILL LANE in WISBOROUGH GREEN, in the RH14 postcode district. The below map shows the position of THE OLD MILL on OLD MILL LANE.