12, MILL LANE, GODALMING, GU7 1EY - £315,000

12 MILL LANE is a very small extended detached house of 47m², built sometime before 1900. It was last sold for £315,000 in April 2014, which was around 48% below the average April 2014 detached price in the Waverley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

12 MILL LANE Sold Prices

Land registry data shows six sales for 12 MILL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the six 12 MILL LANE sales 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
2014 2 APR	£315,000	£600,033	48% below HPI
2011 21 APR	£273,000	£542,064	50% below HPI
2006 21 APR	£225,000	£433,054	48% below HPI
2002 28 JUN	£225,000	£351,936	36% below HPI
1999 20 AUG	£145,000	£246,605	41% below HPI
1997 25 APR	£117,700	£174,670	33% below HPI

12 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The six 12 MILL LANE sales between April 1997 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 April 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2014 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 12 MILL LANE?

12 MILL LANE is 47m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Godalming, based on EPC data. The below chart shows the distribution of detached houses by size in Godalming, and where 12 MILL LANE lies on this distribution: Less than 1% of detached houses are smaller than 12 MILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Godalming.

12 MILL LANE: Plot and Title Map

12 MILL LANE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 12 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 12 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 12 MILL LANE?

12 MILL LANE is located in GODALMING, in the GU7 postcode district. The below map shows the position of No. 12 on MILL LANE.