5, MILLERS LANE, STANSTEAD ABBOTTS, WARE, SG12 8AF - £647,000

5 MILLERS LANE is a small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £647,000 in January 2018, which was around 9% below the average January 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

5 MILLERS LANE Sold Prices

Land registry data shows three sales for 5 MILLERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 5 MILLERS 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
2018 5 JAN	£647,000	£708,304	9% below HPI
2000 27 OCT	£249,995	£260,138	4% below HPI
1999 26 FEB	£70,000	£196,000	64% below HPI

5 MILLERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 5 MILLERS LANE sales between February 1999 and January 2018 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 October 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 MILLERS LANE?

5 MILLERS LANE is 87m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Stanstead Abbotts, based on EPC data. The below chart shows the distribution of detached houses by size in Stanstead Abbotts, and where 5 MILLERS LANE lies on this distribution: 20% of detached houses are smaller than 5 MILLERS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Stanstead Abbotts.

5 MILLERS LANE: Plot and Title Map

5 MILLERS LANE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 MILLERS 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 MILLERS 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 MILLERS LANE?

5 MILLERS LANE is located in STANSTEAD ABBOTTS, in the SG12 postcode district. The below map shows the position of No. 5 on MILLERS LANE.