16, MILL LANE, CLANFIELD, BAMPTON, OX18 2RT - £410,000

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.

16 MILL LANE is a very small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £505,829. It was last sold for £410,000 in May 2021, which was around 23% below the average May 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

16 MILL LANE Sold Prices

Land registry data shows three sales for 16 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 16 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
2021 11 MAY	£410,000	£532,946	23% below HPI
2019 18 OCT	£390,000	£573,458	32% below HPI
1996 18 NOV	£99,000	£129,949	24% below HPI

16 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The three 16 MILL LANE sales between November 1996 and May 2021 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 October 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 MILL LANE be worth now?

16 MILL LANE might now be worth an estimated £505,829.

This is based on house price inflation of 23.4%, between May 2021 and May 2026, for detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 16 MILL LANE of £410,000 on 11th May 2021. For the value to have increased from £410,000 to £505,829 over the five years to May 2026, the following assumptions must hold true:

• The value of 16 MILL LANE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The May 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL LANE has not materially changed since May 2021.

How Large is 16 MILL LANE?

16 MILL LANE is 109m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Clanfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clanfield, and where 16 MILL LANE lies on this distribution: 18% of detached houses houses are smaller than 16 MILL LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Clanfield.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 16 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 16 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 16 MILL LANE?

16 MILL LANE is located in CLANFIELD, in the OX18 postcode district. The below map shows the position of No. 16 on MILL LANE.