1, MILL LANE, ASHINGTON, PULBOROUGH, RH20 3BX - £372,000

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.

1 MILL LANE is a very small extended terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £398,205. It was last sold for £372,000 in May 2024, which was around 7% above the average May 2024 terraced price in the Horsham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was F, and the potential energy rating was B.

1 MILL LANE Sold Prices

Land registry data shows two sales for 1 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Horsham local authority area for the corresponding sale date. One of the two 1 MILL LANE sales was for above the average price, whilst the other was 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
2024 3 MAY	£372,000	£346,152	7% above HPI
2021 7 MAY	£296,500	£317,557	7% below HPI

1 MILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Horsham local authority area over time, sourced from the HPI. The two 1 MILL LANE sales from May 2021 and May 2024 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 May 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 MILL LANE be worth now?

1 MILL LANE might now be worth an estimated £398,205.

This is based on house price inflation of 7%, between May 2024 and May 2026, for terraced houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 1 MILL LANE of £372,000 on 3rd May 2024. For the value to have increased from £372,000 to £398,205 over the two years to May 2026, the following assumptions must hold true:

• The value of 1 MILL LANE has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The May 2024 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL LANE has not materially changed since May 2024.

How Large is 1 MILL LANE?

1 MILL LANE is 84m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses houses in Ashington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ashington, and where 1 MILL LANE lies on this distribution: 6% of terraced houses houses are smaller than 1 MILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashington.

1 MILL LANE: Plot and Title Map

1 MILL LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 MILL LANE, 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 1 MILL LANE). 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 1 MILL LANE?

1 MILL LANE is located in ASHINGTON, in the RH20 postcode district. The below map shows the position of No. 1 on MILL LANE.