FLAT 43, THE OLD MILL, EDWARD STREET, WESTBURY, BA13 3DL - £65,000

FLAT 43 THE OLD MILL is a very small detached house of 25m², built sometime between 1976 and 1982. It was last sold for £65,000 in August 2014, which was around 80% below the average August 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

FLAT 43 THE OLD MILL Sold Prices

Land registry data shows three sales for FLAT 43 THE OLD MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three FLAT 43 THE OLD MILL 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
2014 28 AUG	£65,000	£333,146	80% below HPI
2005 5 AUG	£72,500	£287,528	75% below HPI
2004 8 APR	£64,000	£269,409	76% below HPI

FLAT 43 THE OLD MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three FLAT 43 THE OLD MILL sales between April 2004 and August 2014 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 August 2005 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the August 2014 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is FLAT 43 THE OLD MILL?

FLAT 43 THE OLD MILL is 25m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Westbury, based on EPC data. The below chart shows the distribution of detached houses by size in Westbury, and where FLAT 43 THE OLD MILL lies on this distribution: Less than 1% of detached houses are smaller than FLAT 43 THE OLD MILL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Westbury.

FLAT 43 THE OLD MILL: Plot and Title Map

FLAT 43 THE OLD MILL sits on a plot of roughly 0.849 of an acre, or 3,434m². The below map shows the location of FLAT 43 THE OLD MILL, 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 FLAT 43 THE OLD MILL). 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 FLAT 43 THE OLD MILL?

FLAT 43, THE OLD MILL is located on EDWARD STREET in WESTBURY, in the BA13 postcode district. The below map shows the position of FLAT 43, THE OLD MILL on EDWARD STREET.