16, MILL LANE, SANDY, SG19 1NH - £295,000

16 MILL LANE is a midsized extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2014, which was around 20% below the average September 2014 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, 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 detached price in the Central Bedfordshire 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
2014 26 SEP	£295,000	£368,241	20% below HPI
2004 23 APR	£235,000	£274,287	14% below HPI
2003 1 SEP	£195,000	£272,218	28% below HPI
1999 20 DEC	£117,000	£156,806	25% below HPI

16 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 16 MILL LANE sales between December 1999 and September 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 MILL LANE?

16 MILL LANE is 124m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 16 MILL LANE lies on this distribution: 59% of detached houses are smaller than 16 MILL LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sandy.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.091 of an acre, or 368m². 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 SANDY, in the SG19 postcode district. The below map shows the position of No. 16 on MILL LANE.