MILLWOOD, WATERMILL LANE, PETT, HASTINGS, TN35 4HY - £680,000

MILLWOOD is a large detached house of 169m², built sometime between 1967 and 1975. It was last sold for £680,000 in June 2020, which was around 51% above the average June 2020 detached price in the Rother local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

MILLWOOD Sold Prices

Land registry data shows three sales for MILLWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the three MILLWOOD sales were for above 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
2020 5 JUN	£680,000	£450,930	51% above HPI
2014 8 AUG	£475,000	£350,949	35% above HPI
2008 24 OCT	£405,000	£302,602	34% above HPI

MILLWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The three MILLWOOD sales between October 2008 and June 2020 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 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2020 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is MILLWOOD?

MILLWOOD is 169m² according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses in Pett, based on EPC data. The below chart shows the distribution of detached houses by size in Pett, and where MILLWOOD lies on this distribution: 73% of detached houses are smaller than MILLWOOD, and 27% of houses are larger. Note that EPC data is not available for all properties in Pett.

MILLWOOD: Plot and Title Map

MILLWOOD sits on a plot of roughly 0.322 of an acre, or 1,302m². The below map shows the location of MILLWOOD, 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 MILLWOOD). 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 MILLWOOD?

MILLWOOD is located on WATERMILL LANE in PETT, in the TN35 postcode district. The below map shows the position of MILLWOOD on WATERMILL LANE.