MILLMEAD LODGE, MILL LANE, CREDENHILL, HEREFORD, HR4 7EJ - £321,000

MILLMEAD LODGE is a large detached house of 117m², built sometime between 2003 and 2006. It was last sold for £321,000 in December 2016, which was around 4% above the average December 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was B.

MILLMEAD LODGE Sold Prices

Land registry data shows two sales for MILLMEAD LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two MILLMEAD LODGE sales was for above the average price, whilst the other was 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
2016 9 DEC	£321,000	£308,651	4% above HPI
2013 5 APR	£250,000	£260,421	4% below HPI

MILLMEAD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two MILLMEAD LODGE sales from April 2013 and December 2016 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 April 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is MILLMEAD LODGE?

MILLMEAD LODGE is 117m² according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where MILLMEAD LODGE lies on this distribution: 61% of detached houses are smaller than MILLMEAD LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

MILLMEAD LODGE: Plot and Title Map

MILLMEAD LODGE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of MILLMEAD LODGE, 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 MILLMEAD LODGE). 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 MILLMEAD LODGE?

MILLMEAD LODGE is located on MILL LANE in CREDENHILL, in the HR4 postcode district. The below map shows the position of MILLMEAD LODGE on MILL LANE.