5, MILL LANE, FENNY COMPTON, SOUTHAM, CV47 2YF - £315,000

5 MILL LANE is a very small detached house of 63m², built sometime before 1900. It was last sold for £315,000 in September 2021, which was around 38% below the average September 2021 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.

5 MILL LANE Sold Prices

Land registry data shows seven sales for 5 MILL LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the seven 5 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 30 SEP	£315,000	£506,514	38% below HPI
2020 27 NOV	£278,500	£492,396	43% below HPI
2008 27 NOV	£195,000	£339,121	42% below HPI
2006 12 JUN	£199,950	£335,340	40% below HPI
2001 23 NOV	£132,000	£226,935	42% below HPI
2000 28 APR	£127,000	£180,637	30% below HPI
1995 31 MAR	£64,000	£118,191	46% below HPI

5 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The seven 5 MILL LANE sales between March 1995 and September 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 November 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 MILL LANE?

5 MILL LANE is 63m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Fenny Compton, based on EPC data. The below chart shows the distribution of detached houses by size in Fenny Compton, and where 5 MILL LANE lies on this distribution: 3% of detached houses are smaller than 5 MILL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fenny Compton.

5 MILL LANE: Plot and Title Map

5 MILL LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 5 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 5 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 5 MILL LANE?

5 MILL LANE is located in FENNY COMPTON, in the CV47 postcode district. The below map shows the position of No. 5 on MILL LANE.