THE MILL COTTAGE, LOCK APPROACH, GORING, READING, RG8 9AD - £3,878,250

THE MILL COTTAGE is a very large extended detached house of 379m², built sometime before 1900. It was last sold for £3,878,250 in August 2020, which was around 448% above the average August 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

THE MILL COTTAGE Sold Prices

Land registry data shows three sales for THE MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three THE MILL COTTAGE 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 27 AUG	£3,878,250	£707,677	448% above HPI
2019 31 JUL	£3,400,000	£661,608	414% above HPI
1999 8 MAR	£1,450,000	£204,240	610% above HPI

THE MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three THE MILL COTTAGE sales between March 1999 and August 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 July 2019 sale was for 414% above the HPI. So the extrapolation line tracks at 414% above the HPI over time, until the August 2020 sale, where it rises to 448% above the HPI. The line then continues to track at 448% above the HPI.

How Large is THE MILL COTTAGE?

THE MILL COTTAGE is 379m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Goring, based on EPC data. The below chart shows the distribution of detached houses by size in Goring, and where THE MILL COTTAGE lies on this distribution: 95% of detached houses are smaller than THE MILL COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Goring.

THE MILL COTTAGE: Plot and Title Map

THE MILL COTTAGE sits on a plot of roughly 1.3 acres, or 5,302m². The below map shows the location of THE 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 THE 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 THE MILL COTTAGE?

THE MILL COTTAGE is located on LOCK APPROACH in GORING, in the RG8 postcode district. The below map shows the position of THE MILL COTTAGE on LOCK APPROACH.