16, MILL ROAD, WATERBEACH, CAMBRIDGE, CB25 9RQ - £575,000

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 large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £575,000 in July 2023, which was around 1% below the average July 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 MILL ROAD Sold Prices

Land registry data shows four sales for 16 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 South Cambridgeshire local authority area for the corresponding sale date. Most of the four 16 MILL ROAD 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
2023 14 JUL	£575,000	£581,075	1% below HPI
2002 22 MAR	£223,000	£219,149	2% above HPI
1997 9 MAY	£128,500	£116,344	10% above HPI
1995 28 JUL	£125,000	£108,719	15% above HPI

16 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four 16 MILL ROAD sales between July 1995 and July 2023 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 March 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 MILL ROAD?

16 MILL ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Waterbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Waterbeach, and where 16 MILL ROAD lies on this distribution: 77% of detached houses are smaller than 16 MILL ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Waterbeach.

16 MILL ROAD: Plot and Title Map

16 MILL ROAD sits on a plot of roughly 0.088 of an acre, or 354m². 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 WATERBEACH, in the CB25 postcode district. The below map shows the position of No. 16 on MILL ROAD.