16, MILL ROAD, BURNHAM-ON-CROUCH, CM0 8PZ - £385,000

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

16 MILL ROAD is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £385,000 in May 2018, which was around 19% below the average May 2018 detached price in the Maldon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

16 MILL ROAD Sold Prices

Land registry data shows five sales for 16 MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five 16 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
2018 31 MAY	£385,000	£476,924	19% below HPI
2004 26 AUG	£275,000	£279,197	2% below HPI
2003 9 SEP	£150,000	£260,946	43% below HPI
2002 15 OCT	£282,000	£228,697	23% above HPI
2001 20 SEP	£200,000	£180,086	11% above HPI

16 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The five 16 MILL ROAD sales between September 2001 and May 2018 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 MILL ROAD?

16 MILL ROAD is 87m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Stoneyhills, based on EPC data. The below chart shows the distribution of detached houses by size in Stoneyhills, and where 16 MILL ROAD lies on this distribution: 3% of detached houses are smaller than 16 MILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Stoneyhills.

16 MILL ROAD: Plot and Title Map

16 MILL ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 16 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 16 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 16 MILL ROAD?

16 MILL ROAD is located in BURNHAM-ON-CROUCH, in the CM0 postcode district. The below map shows the position of No. 16 on MILL ROAD.