2, MILL ROAD, EMNETH, WISBECH, PE14 8AE - £177,500

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

2 MILL ROAD is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £177,500 in April 2014, which was around 17% below the average April 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 MILL ROAD Sold Prices

Land registry data shows two sales for 2 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 2 MILL ROAD sales was for below the average price, whilst the other was 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
2014 9 APR	£177,500	£214,914	17% below HPI
2008 14 MAR	£232,000	£216,664	7% above HPI

2 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 two 2 MILL ROAD sales from March 2008 and April 2014 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 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 MILL ROAD?

2 MILL ROAD is 94m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 2 MILL ROAD lies on this distribution: 31% of detached houses are smaller than 2 MILL ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Emneth.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 2 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 2 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 2 MILL ROAD?

2 MILL ROAD is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 2 on MILL ROAD.