THE MILL, MILL STREET, LAMPETER, SA48 7HX - £166,000

THE MILL is a small extended detached house of 97m², built sometime before 1900. It was last sold for £166,000 in March 2007, which was around 23% below the average March 2007 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

THE MILL Sold Prices

Land registry data shows three sales for THE 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 Ceredigion local authority area for the corresponding sale date. All of the three THE 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
2007 27 MAR	£166,000	£216,560	23% below HPI
2000 16 OCT	£40,000	£89,165	55% below HPI
1996 20 DEC	£35,000	£62,701	44% below HPI

THE MILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ceredigion local authority area over time, sourced from the HPI. The three THE MILL sales between December 1996 and March 2007 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 October 2000 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2007 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE MILL?

THE MILL is 97m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Lampeter, based on EPC data. The below chart shows the distribution of detached houses by size in Lampeter, and where THE MILL lies on this distribution: 24% of detached houses are smaller than THE MILL, and 74% of houses are larger. Note that EPC data is not available for all properties in Lampeter.

THE MILL: Plot and Title Map

THE MILL sits on a plot of roughly 0.153 of an acre, or 617m². The below map shows the location of THE 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 THE 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 THE MILL?

THE MILL is located on MILL STREET in LAMPETER, in the SA48 postcode district. The below map shows the position of THE MILL on MILL STREET.