1, THE MILL, MILLEND, BLAKENEY, GL15 4ED - £170,000

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 THE MILL is a very small semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £293,338. It was last sold for £170,000 in April 2014, which was around 14% above the average April 2014 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

1 THE MILL Sold Prices

Land registry data shows two sales for 1 THE MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 1 THE MILL 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
2014 10 APR	£170,000	£149,439	14% above HPI
2004 13 AUG	£138,000	£137,243	1% above HPI

1 THE MILL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 1 THE MILL sales from August 2004 and April 2014 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 August 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 THE MILL be worth now?

1 THE MILL might now be worth an estimated £293,338.

This is based on house price inflation of 72.6%, between April 2014 and June 2025, for semi-detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.6% inflationary increase is applied to the most recent sale price for 1 THE MILL of £170,000 on 10th April 2014. For the value to have increased from £170,000 to £293,338 over the ten years and ten months to June 2025, the following assumptions must hold true:

• The value of 1 THE MILL has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The April 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE MILL has not materially changed since April 2014.

How Large is 1 THE MILL?

1 THE MILL is 76m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of semi-detached houses houses in Blakeney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blakeney, and where 1 THE MILL lies on this distribution: 13% of semi-detached houses houses are smaller than 1 THE MILL, and 87% of houses are larger. Note that EPC data is not available for all properties in Blakeney.

1 THE MILL: Plot and Title Map

1 THE MILL sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 1 THE 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 1 THE 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 1 THE MILL?

1 THE MILL is located on MILLEND in BLAKENEY, in the GL15 postcode district. The below map shows the position of 1 THE MILL on MILLEND.