20, MILL LANE, WICK, LITTLEHAMPTON, BN17 7PH - £480,000

20 MILL LANE is a large detached house of 119m². It was last sold for £480,000 in February 2022, which was around 15% below the average February 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

20 MILL LANE Sold Prices

Land registry data shows two sales for 20 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 20 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
2022 16 FEB	£480,000	£563,490	15% below HPI
2017 17 MAY	£388,000	£425,507	9% below HPI

20 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 20 MILL LANE sales from May 2017 and February 2022 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 May 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 20 MILL LANE?

20 MILL LANE is 119m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 20 MILL LANE lies on this distribution: 72% of detached houses are smaller than 20 MILL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wick.

20 MILL LANE: Plot and Title Map

20 MILL LANE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 20 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 20 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 20 MILL LANE?

20 MILL LANE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 20 on MILL LANE.