15, MILL LANE, SANDY, SG19 1NH - £315,000

15 MILL LANE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £315,000 in March 2016, which was around 28% below the average March 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

15 MILL LANE Sold Prices

Land registry data shows four sales for 15 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 15 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
2016 24 MAR	£315,000	£438,009	28% below HPI
2002 27 SEP	£187,000	£241,577	23% below HPI
1998 9 MAR	£100,000	£124,541	20% below HPI
1995 18 SEP	£72,000	£101,493	29% below HPI

15 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 15 MILL LANE sales between September 1995 and March 2016 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 September 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 MILL LANE?

15 MILL LANE is 101m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 15 MILL LANE lies on this distribution: 28% of detached houses are smaller than 15 MILL LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Sandy.

15 MILL LANE: Plot and Title Map

15 MILL LANE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 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 15 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 15 MILL LANE?

15 MILL LANE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 15 on MILL LANE.