27, MILL WAY, FRIDAY BRIDGE, WISBECH, PE14 0HZ - £185,000

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

27 MILL WAY is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £185,000 in April 2019, which was around 27% below the average April 2019 detached price in the Fenland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

27 MILL WAY Sold Prices

Land registry data shows three sales for 27 MILL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 27 MILL WAY 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
2019 24 APR	£185,000	£251,835	27% below HPI
2001 15 NOV	£79,000	£99,808	21% below HPI
1998 24 SEP	£46,000	£68,544	33% below HPI

27 MILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 27 MILL WAY sales between September 1998 and April 2019 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 November 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 27 MILL WAY?

27 MILL WAY is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Friday Bridge, and where 27 MILL WAY lies on this distribution: 13% of detached houses are smaller than 27 MILL WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

27 MILL WAY: Plot and Title Map

27 MILL WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 27 MILL WAY, 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 27 MILL WAY). 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 27 MILL WAY?

27 MILL WAY is located in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of No. 27 on MILL WAY.