5, MILL LANE, WAREHAM, BH20 4QX - £325,212

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.

5 MILL LANE is a small terraced house of 82m², built sometime before 1900, which could now be worth an estimated £337,188. It was last sold for £325,212 in February 2022, which was around 26% above the average February 2022 terraced price in the Dorset local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

5 MILL LANE Sold Prices

Land registry data shows four sales for 5 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 Dorset local authority area for the corresponding sale date. Most of the four 5 MILL LANE sales were for above 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 15 FEB	£325,212	£258,609	26% above HPI
2021 16 JUL	£280,000	£237,708	18% above HPI
2015 1 DEC	£275,000	£197,609	39% above HPI
2015 18 MAR	£145,000	£185,125	22% below HPI

5 MILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dorset local authority area over time, sourced from the HPI. The four 5 MILL LANE sales between March 2015 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 July 2021 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 5 MILL LANE be worth now?

5 MILL LANE might now be worth an estimated £337,188.

This is based on house price inflation of 3.7%, between February 2022 and July 2025, for terraced houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 5 MILL LANE of £325,212 on 15th February 2022. For the value to have increased from £325,212 to £337,188 over the two years and seven months to July 2025, the following assumptions must hold true:

• The value of 5 MILL LANE has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The February 2022 sale price of £325,212 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL LANE has not materially changed since February 2022.

How Large is 5 MILL LANE?

5 MILL LANE is 82m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of terraced houses houses in Wareham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wareham, and where 5 MILL LANE lies on this distribution: 21% of terraced houses houses are smaller than 5 MILL LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wareham.

5 MILL LANE: Plot and Title Map

5 MILL LANE sits on a plot of roughly 0.019 of an acre, or 75m². 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 WAREHAM, in the BH20 postcode district. The below map shows the position of No. 5 on MILL LANE.