16, MILL LANE, DUNMOW, CM6 1BG - £203,000

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 terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £207,554. It was last sold for £203,000 in June 2023, which was around 42% below the average June 2023 terraced price in the Uttlesford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 MILL LANE Sold Prices

Land registry data shows four sales for 16 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. All of the four 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
2023 8 JUN	£203,000	£351,873	42% below HPI
2002 12 DEC	£99,000	£153,546	36% below HPI
2001 19 JAN	£69,000	£112,115	38% below HPI
1997 16 JAN	£37,000	£69,610	47% below HPI

16 MILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Uttlesford local authority area over time, sourced from the HPI. The four 16 MILL LANE sales between January 1997 and June 2023 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 December 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 16 MILL LANE be worth now?

16 MILL LANE might now be worth an estimated £207,554.

This is based on house price inflation of 2.2%, between June 2023 and June 2025, for terraced houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 16 MILL LANE of £203,000 on 8th June 2023. For the value to have increased from £203,000 to £207,554 over the two years to June 2025, the following assumptions must hold true:

• The value of 16 MILL LANE has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The June 2023 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL LANE has not materially changed since June 2023.

How Large is 16 MILL LANE?

16 MILL LANE is 41m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of terraced houses houses in Great Dunmow, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Dunmow, and where 16 MILL LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 MILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Dunmow.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.034 of an acre, or 137m². 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 DUNMOW, in the CM6 postcode district. The below map shows the position of No. 16 on MILL LANE.