15, MILL ROAD, EMNETH, WISBECH, PE14 8AE - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 MILL ROAD is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £175,000 in March 2011, which was around 15% below the average March 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

15 MILL ROAD Sold Prices

Land registry data shows four sales for 15 MILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 15 MILL ROAD 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
2011 21 MAR	£175,000	£204,782	15% below HPI
2002 25 JAN	£110,000	£120,411	9% below HPI
2001 17 DEC	£34,908	£116,684	70% below HPI
1995 21 JUL	£58,000	£59,266	2% below HPI

15 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The four 15 MILL ROAD sales between July 1995 and March 2011 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 January 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 MILL ROAD?

15 MILL ROAD is 103m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 15 MILL ROAD lies on this distribution: 47% of detached houses are smaller than 15 MILL ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Emneth.

15 MILL ROAD: Plot and Title Map

15 MILL ROAD sits on a plot of roughly 0.178 of an acre, or 718m². The below map shows the location of 15 MILL ROAD, 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 15 MILL ROAD). 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 15 MILL ROAD?

15 MILL ROAD is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 15 on MILL ROAD.