50, MILL CLOSE, DENMEAD, WATERLOOVILLE, PO7 6PE - £470,000

50 MILL CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £470,000 in February 2021, which was around 30% below the average February 2021 detached price in the Winchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

50 MILL CLOSE Sold Prices

Land registry data shows two sales for 50 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 50 MILL CLOSE 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 5 FEB	£470,000	£672,955	30% below HPI
2002 8 NOV	£249,950	£353,770	29% below HPI

50 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two 50 MILL CLOSE sales from November 2002 and February 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 50 MILL CLOSE?

50 MILL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Denmead, based on EPC data. The below chart shows the distribution of detached houses by size in Denmead, and where 50 MILL CLOSE lies on this distribution: 28% of detached houses are smaller than 50 MILL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Denmead.

50 MILL CLOSE: Plot and Title Map

50 MILL CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 50 MILL CLOSE, 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 50 MILL CLOSE). 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 50 MILL CLOSE?

50 MILL CLOSE is located in DENMEAD, in the PO7 postcode district. The below map shows the position of No. 50 on MILL CLOSE.