MILL COTTAGE, OLD MILL LANE, PETERSFIELD, GU31 4DA - £700,000

MILL COTTAGE is a very small extended detached house of 88m², built sometime before 1900. It was last sold for £700,000 in September 2023, which was around 4% above the average September 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was G, and the potential energy rating was F.

MILL COTTAGE Sold Prices

Land registry data shows four sales for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Most of the four MILL COTTAGE 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
2023 7 SEP	£700,000	£675,426	4% above HPI
2020 29 SEP	£588,000	£592,405	1% below HPI
2012 13 SEP	£295,000	£406,981	28% below HPI
2004 2 MAR	£162,500	£318,626	49% below HPI

MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The four MILL COTTAGE sales between March 2004 and September 2023 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 September 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 88m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where MILL COTTAGE lies on this distribution: 11% of detached houses are smaller than MILL COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of MILL COTTAGE, 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 MILL COTTAGE). 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 MILL COTTAGE?

MILL COTTAGE is located on OLD MILL LANE in PETERSFIELD, in the GU31 postcode district. The below map shows the position of MILL COTTAGE on OLD MILL LANE.