2, MILLS CLOSE, BROADWAY, WR12 7RB - £297,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILLS CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £297,500 in September 2020, which was around 26% below the average September 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

2 MILLS CLOSE Sold Prices

Land registry data shows three sales for 2 MILLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 2 MILLS CLOSE 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
2020 30 SEP	£297,500	£403,783	26% below HPI
2012 30 MAY	£249,000	£297,463	16% below HPI
2010 19 NOV	£200,000	£309,409	35% below HPI

2 MILLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 2 MILLS CLOSE sales between November 2010 and September 2020 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 May 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MILLS CLOSE?

2 MILLS CLOSE is 58m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where 2 MILLS CLOSE lies on this distribution: 4% of detached houses are smaller than 2 MILLS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Broadway.

2 MILLS CLOSE: Plot and Title Map

2 MILLS CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 MILLS CLOSE, 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 MILLS CLOSE). 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 MILLS CLOSE?

2 MILLS CLOSE is located in BROADWAY, in the WR12 postcode district. The below map shows the position of No. 2 on MILLS CLOSE.